Amidst the COVID-19 pandemic, striking a delicate balance between sustaining economic activity and safeguarding public health has become a crucial concern. The border closures for COVID-19 prevention have further intensified concerns for North Korea, whi
The superiority of capitalism over alternative economic systems is so self-evident that it requires no explanation. For starters, the collapse of the Soviet Union and socialism has left the world with no alternative system for organizing the production of goods and services. The victory of ...
SEOUL--North Korea’s economy grew sharply in 2023 after shrinking for three straight years as trade with China increased after COVID-19 pandemic border controls were eased, according to estimates by South Korea’s central bank. Gross domestic product (GDP) in 2023 likely expanded 3.1% in real...
North Korea, one of the world's most centrally directed and least open economies, faces chronic economic problems. Industrial capital stock is nearly beyond repair as a result of decades of mismanagement, underinvestment, shortages of spare parts, and poor maintenance. Corruption and resource misalloc...
FINANCIALFREEDOM FTM Quarterly www.FTMDaily.com North Korea's $9.7 Trillion Secret By Jerry Robinson, Editor—in—Chief Amid all of the recent media reports on the build-up to war on the Korean peninsula, one major fact has been mysteriously omitted: North Korea's immense wealth of natural ...
The country of North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), has an isolated and tightly controlledcommand economy. In a command economy, the economy is centrally planned and coordinated by the government, making it a standard component of any communist count...
The combination of these factors causes Cerrado to exhibit a large and frequent fire regime16,17 with a strong seasonality, where the primary area of activity is north of 16°S (Fig. 1b). In this region, the annual peak of burned area (BA) occurs in September (Fig. 1d), where fires...
The two factors affected food production and import. Also, a destructive flood and droughts were the order of the year, but the centrally paced system and the government of North Korea were not flexible enough to control the crisis at that time. The situation resulted in the deaths of so ...
Recent Developments in North Korea Due to a lack of self-sufficient manufacturing facilities and markets in the country and increasing dependency on China, private firms and businesses are on the rise in North Korea.15 Irrespective of the existing situations and causal factors, the developmen...
1.Economic Reform Trend ofNorth Koreaand Role of Liaoning;朝鲜经济改革的趋势与辽宁的作用 2.The Reasons of Economic Reformation inNorth Korea;朝鲜推行经济改革的原因分析 3.Positive Factors ofNorth Korean Economic Reform:Analyzing from History and Reality;朝鲜经济改革的促动因素:历史与现实分析 ...