Cover image for A capitalist in North Korea : my seven years in the hermit kingdom
Title:
A capitalist in North Korea : my seven years in the hermit kingdom
Author:
Abt, Felix, author.
Personal Author:
Publication Information:
Tokyo : Tuttle Publishing, an imprint of Periplus Editions (HK) Ltd, [2014]

©2014
Physical Description:
319 pages, 16 pages of unnumbered plates : illustrations, map ; 21 cm
Summary:
Business in North Korea: a paradoxical and fascinating situation is interpreted by a true insider. In 2002, the Swiss 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, he discovered that it was a place where plastic surgery and South Korean TV dramas were wildly popular and where he rarely needed to walk more than a block to grab a quick hamburger. He was closely monitored, and once faced accusations of spying, yet he learned that young North Koreans are hopeful--signing up for business courses in anticipation of a brighter, more open, future. In 'A capitalist in North Korea', Abt shares these and many other unusual facts and insights about one of the world's most secretive nations.
Language:
English
Contents:
PART I : Into the Heart of Darkness -- Malaise into Opportunity -- Look to the Party, Young Revolutionary, and Buy -- Healing the Great Leader's Children -- Same Bed, Different Dreams -- A Manchurian Candidate? -- PART II : Southerners, Yankees, and "Chinese Lips" -- Feeding the People -- Flowers of the Nation -- Nurturing Revolutionaries -- Coming and Going -- Partying, Pyongyang-Style -- PART III : The Price of Glory -- The Loss of Innocence.
Personal Subject:
ISBN:
9780804844390
Format :
Book

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HC470.2 .A58 2014 Adult Non-Fiction Non-Fiction Area
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Summary

Summary

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

In 2002, the Swiss 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 he discovered that it was a place where plastic surgery and South Korean TV dramas were wildly popular and where he rarely needed to walk more than a block to grab a quick hamburger. He was closely monitored and once faced accusations of spying, yet he learned that young North Koreans are hopeful--signing up for business courses in anticipation of a brighter, more open, future. In A Capitalist in North Korea , Abt shares these and many other unusual facts and insights about one of the world's most secretive nations.


Author Notes

Felix Abt co-founded the European Business Association as well as the Pyongyang Business School in North Korea. Prior to this, Abt worked in Europe, Africa and Asia as a senior executive for F. Hoffmann-La Roche and the ABB Group. In 2002, ABB appointed him as the Resident Country Director in North Korea. He went on to become a point man for Western investments in the country, representing several multinational corporations and even founding a business of his own. He currently lives in Vietnam andremains a shareholder in various North Korean joint ventures.


Table of Contents

Preface: On the Verge of Glasnost?p. 7
Part I
Chapter 1 Into the Heart of Darknessp. 17
Chapter 2 Malaise into Opportunityp. 37
Chapter 3 Look to the Party, Young Revolutionary, and Buyp. 51
Chapter 4 Healing the Great Leader's Childrenp. 77
Chapter 5 Same Bed, Different Dreamsp. 95
Chapter 6 A Manchurian Candidate?p. 109
Part II
Chapter 7 Southerners, Yankees, and "Chinese Lips"p. 125
Chapter 8 Feeding the Peoplep. 145
Chapter 9 Flowers of the Nationp. 167
Chapter 10 Nurturing Revolutionariesp. 187
Chapter 11 Coming and Goingp. 209
Chapter 12 Partying, Pyongyang-Stylep. 233
Part III
Chapter 13 The Price of Gloryp. 257
Chapter 14 The Loss of Innocencep. 285
Epilogue: Winds of Changep. 299
Acknowledgmentsp. 319