A Capitalist in North Korea

My Seven Years in the Hermit Kingdom

Ranked #65 in North Korea

Business in North Korea: a paradoxical and fascinating situation is interpreted by a true insider.

In 2002, the Swiss-Swedish power company ABB appointed Felix Abt its country director for North Korea. The Swiss Entrepreneur lived and worked in North Korea for seven years, one of the few foreign businessmen there. After the experience, Abt felt compelled to write A Capitalist in North Korea to describe the multifaceted society he encountered.

North Korea, at the time, was heavily sanctioned by the UN, which made it extremely difficult to do business. Yet,...
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