North corea 2021 economy : Devastating crisis and famine
Sky world news/As à leader Kim Jong Un grapples with the toughest challenges of his nine-year rule, he’s set to open a massive ruling Workers’.
Party congress next month to try to muster stronger public loyalty to him and lay out new economic and foreign policies. While few question Kim’s grip on power, there is still room for things to get worse, especially if the world fails to find a quick way out of the COVID-19 crisis.
That would prolong north coreen's self-imposed lockdown and could possibly set conditions for an economic perfect storm that destabilizes food and exchange markets and triggers panic among the public.
The congress, the first in five years, is the ruling party’s top decision-making body.
Lim said if the COVID-19 pandemic continues for most of 2021, the North’s economy could face a crisis unseen since a devastating famine.
