Imagining an Open North Korea
Would you invest in North Korea? If you would, you'd be a frontier investor.
Would you invest in North Korea? US President Donald Trump raised the idea at his summit with North Korean leader Kim Jong-Un. His vision of a private condo on a North Korean beach is probably a long way away, but there are plenty of other countries lacking investment.
Paul Domjan, global head of research at Exotix, an investment firm and research agency, explains what a frontier market is.
Byung-Yeon Kim, professor of economics at Seoul National University, tells us how North Korea’s economy works.
(Picture: A woman carries a boxed flat-screen television on her back as she crosses a road in Pyongyang. Credit: Getty Images.)