Tuesday, October 1, 2019

design and technology

Because our roots are deep in design and technology, we see every challenge for what it is. There are no prepackaged solutions here. We are fast in concept, development and prototype, so the adjustment starts as quickly as possible. The end result is a completely personalized design that attracts attention and leaves a good impression. You know, wonderful thing.

Of all the indicators, the second seven-year plan was unsuccessful. North Korea has generally underestimated the achievements of the plan, and no other plan has received a less formal uproar. It has been officially claimed that the economy grew at an annual rate of 8.8 percent during the plan, slightly below the planned rate of 9.6 percent. The reliability of this total measure, however, is questionable. During the plan, the annual target production of 10 million tons of cereals (cereals and legumes) was achieved. However, through official recognition, only five other commodity objectives were achieved. Judging by the announced growth rates of some of the 12 industrial products, total industrial production is unlikely to increase by 12.2 percent as needed. Once the plan was completed, there was no new economic plan for two years, indicating the failure of the plan and the seriousness of the economic and planning problems facing the economy in the mid-1980s.

The main objectives of the three-year plan for the period 1987-1993 are the realization of the so-called "ten main long-term objectives of the 1980s to build a socialist economy." These goals, established in 1980, must be achieved by the end of the decade. The fact that these objectives have changed at the end of the Third Seven Year Plan is another indication of the disappointing economic performance during the Second Seven Year Plan. The three political objectives of self-reliance, modernization and "science" were repeated. Economic growth was set at 7.9 percent per year, lower than the previous plan. Although the achievement of the ten main objectives in the 1980s is the main objective of the third seven-year plan, some fundamental changes have been made to the quantitative goals. For example, the annual steel production target has been significantly reduced from 15 million tons to 10 million tons. This reduction will have serious negative side effects in heavy industry. The production targets for cement and non-ferrous metals, two main export components, have increased significantly. The introduction of the three-year plan for the light industry in June 1989 as part of the third seven-year plan aims to improve the standard of living by meeting the needs of consumers.

The Third Seven Year Plan attaches great importance to the development of foreign trade and joint ventures, the first time it addresses these issues. But by the end of 1991, two years before the plan was finalized, quantitative objectives had not been announced, indicating that the plan had not achieved good results. The diversion of resources for the construction of roads, theaters, hotels, airports and other facilities to organize the 13th World Festival of Youth and Students in July 1989, should have a negative impact on industrial and agricultural development, although the expansion and improvement of social infrastructure led to some long-term economic benefits.

Currency shortages due to chronic trade deficits, large external debt and the decrease in foreign aid have limited economic development. In addition, North Korea is diverting scarce resources from development projects to defense. In the late 1980s, he spent more than 20 percent of GDP on defense, one of the highest in the world. These negative factors, together with the low efficiency of the central planning system and the lack of modernization of the economy, have slowed growth since the 1960s. The collapse of communist regimes in the Soviet Union and Eastern European countries , the traditional trading partners and beneficiaries of North Korea aggravated economic difficulties in the early 1990s.

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