Despite the emerging economic problems , the regime invested heavily in prestigious projects , such as the '' Juche '' Tower , the Nampo Dam , and the Ryugyong Hotel . In 1989 , as a response to the 1988 Seoul Olympics , it held the 13th World Festival of Youth and Students in Pyongyang . In fact , the grandiosity associated with the regime and its personality cult , as expressed in monuments , museums , and events , has been identified as a factor in the economic decline
13th World Festival of Youth and Students
13th World Festival of Youth and Students
History of North Korea