What to Expect From North Korea's Congress

Foreign journalists in Pyongyang are awaiting details of a major political event, expected to feature significant pageantry. Observations in the city reveal some economic changes, including agricultural reforms and informal markets, indicating a small middle class in Pyongyang.

What is the main reason foreign journalists are in Pyongyang?

• To cover a sports event

• To report on a natural disaster

• To explore tourism opportunities

• To attend a significant political Congress

What economic change has been observed in Pyongyang regarding agriculture?

• Farmers can now export their produce

• Farmers receive government subsidies

• Farmers can keep a portion of their produce for themselves

• Farmers are required to donate produce to the state

What new development has been seen in Pyongyang's transportation sector?

• Introduction of electric buses

• Emergence of rival taxi firms

• Construction of new subway lines

• Launch of a bike-sharing program

What informal economic activity is mentioned in the transcript?

• Trade in foreign currencies

• Unregulated stock market

• Bartering of goods

• Informal trade in homes and apartments

What is the potential outcome of the Congress regarding North Korea's economy?

• Formalization of existing gray markets

• Complete economic isolation

• Introduction of a new currency

• Nationalization of all businesses