Building a Self-Reliant Economy and Its Great Vitality: The Case of DPRK
International Journal of Economy, Energy and Environment
Volume 2, Issue 1, February 2017, Pages: 7-12
Received: Aug. 18, 2016; Accepted: Jan. 4, 2017; Published: Jan. 18, 2017
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Authors
Un-Chol Kim, Faculty of Economics, Kim Il Sung University, Pyongyang, Democratic People’s Republic of Korea
Chol Hwang, Faculty of Economics, Kim Il Sung University, Pyongyang, Democratic People’s Republic of Korea
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Abstract
As the world people know, Korea is the homeland of the Juche idea which is a great man-centred philosophical thought. The Juche idea initiated by President Kim Il Sung is a thought that man is the master of everything and decides everything, that is, a thought that man is the master of his own destiny and has the power to carve out his own destiny. By applying the fundamental principle of the Juche idea in the sector of economic construction, the Workers’ Party of Korea (WPK) put forth the line of building a self-reliant economy and has wisely led the struggle for the its implementation. By advancing the great line of building an independent national economy for the first time in history and guiding its implementation wisely, the WPK set up a world-famous pattern of building a socialist economy and a model of self-reliance.
Keywords
Self-Reliant Economy, Independent National Economy, Self-Supporting Economy, Economic Building in DPRK
To cite this article
Un-Chol Kim, Chol Hwang, Building a Self-Reliant Economy and Its Great Vitality: The Case of DPRK, International Journal of Economy, Energy and Environment. Vol. 2, No. 1, 2017, pp. 7-12. doi: 10.11648/j.ijeee.20170201.12
Copyright
Copyright © 2017 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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