Saturday, January 23, 2016

March for Life: Catholics and Evangelicals

For years, Catholic University students have supported March for Life, the pro-life (or anti-abortion if you're on the other side of the debate) rally held annually in Washington DC. Several of my students informed me they would be participating on Fri. and thus absent from class. I decided to cancel class for Fri, although mother nature later took care of this.

One difference this year is the prominent participation of evangelical Christians in the March for Life. One would assume evangelicals would embrace the movement given their opposition to abortion, but Washington Post reporter Michelle Boorstein offers: "the reasons evangelicals haven’t been joining Catholics in public activism recently are theological, cultural and political." Pro-life advocate and Liberty University faculty Karen Swallow Prior probes deeper:
"Evangelical Protestants were deeply anti-Catholic . . .Some thought, whatever Roman Catholics were for, we should be . Evangelicals are more politically conservative and come at abortion opposition with a different language. Catholics have long spoken of abortion as a 'social justice' cause not unlike fighting poverty, while evangelicals saw the issue through an individual morality lens and were wary of Catholic language that to them sounded liberal."

The recent joining of Evangelicals and Catholics is a reminder that "religion" neither necessarily divides or unites potential activists. Mobilization strategy and political opportunity in this case outweigh religious identity/ideology.

Tuesday, January 5, 2016

Business in North Korea

There's a debate among North Korea observers about the wisdom, viability, and profitability of doing business in the most isolated country in the world. Some see North Korea as an untapped and potentially ripe market for business ventures. Others see such ventures as an exercise in futility, citing the country's unpredictable legal infrastructure for foreign businesses. If some see business as a means of engaging North Korea and encouraging leaders to pursue reforms, others will view such activities as morally reprehensible, providing the regime with hard currency and cash.

A couple years ago I blogged about the rapid rise of cell phone users in North Korea. The numbers continue to rise (close to 3 million now). But from the standpoint of Orascom, the Egyptian telecom company which owns a 75% stake in Koryolink, its business venture under the Kim regime has not fared well. As Andrei Lankov writes in NKNews
In late November the Egyptian building and telecom company Orascom finally admitted what had been known in narrow circles for two years: that its North Korean state partners had taken over the joint Koryolink cellphone network, and that Orascom had been unable to reap any profit from its seemingly successful investment in North Korea.
The Wall Street Journal provided further details.
Koryolink, which now accounts for 85% of Orascom’s revenue and profit, says it hasn’t been able to send any funds out of North Korea in 2015 due to local currency controls and international sanctions targeting Pyongyang’s nuclear weapons program...The setback [for Orascom], underscores the risk of doing business in North Korea, where foreign firms have complained that property and profits have been appropriated by the government.
It could be possible that industries such as telecommunications which have implications for regime control, or mining which relates to security, may be more restricted than other industries. On the whole then, foreign business in NK, while no cake walk, has potential given Kim Jong-Un's desire in recent years to boost investments through special economic zones. As if to counter negative press on Orascom, the Pyongyang Times claimed to have "hundreds" of foreign investors. Likewise, a credible source mentioned that 2015 was a pretty good year for North  Korean tourism, ,despite the Ebola ban barring travel to North Korea the first few months. In fact, Uri Tours has organized snowboarding trip to Masikryong ski resort, even bringing professional snowboarders to accompany tourists. In short, there's no conclusive evidence to argue that business ventures are either good or bad for investors.