North Korea does not publish reliable National Income Accounts data; the data shown are derived from purchasing power parity (PPP) GDP estimates that were made by Angus MADDISON in a study conducted for the OECD; his figure for 1999 was extrapolated to 2015 using estimated real growth rates ...
South KoreaNorth Korea Economy - overview After emerging from the 1950-53 war with North Korea, South Korea emerged as one of the 20th century's most remarkable economic success stories, becoming a developed, globally connected, high-technology society within decades. In the 1960s, GDP per ...
North Korea - Economy, Resources, Trade: North Korea has a command (centralized) economy. The state controls all means of production, and the government sets priorities and emphases in economic development. Since 1954, economic policy has been promulgate
(Source and full article:“‘Excessive’: North Korea’s COVID curbs blamed for food crisis,” Al-Jazeera, November 17th, 2022.) Posted in Civil society, Political economy, Surveillance | Comments Closed What upgrades of North Korea’s surveillance equipment say about policies and priorities Nove...
Posted in Coronavirus, Economic reform, Foreign direct investment, Health care, International trade, Political economy | Comments Closed North Korea needs to counter the economic impacts of COVID19, but what can it really do? Friday, April 10th, 2020 By: Benjamin Katzeff Silberstein Many countrie...
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Reports developments in the economic policies and economy of North Korea as of May 2000. Includes details on the approval of the 2000 budget by the Supreme People's Assembly; Failure of spending and revenue to reach targeted amount; Prioritization of power and coal industries in the 2000 budget...
Launched in 2004 and based in Seoul, Daily NK is a media organization that provides news about North Korea from a wide range of sources inside North Korea.
Latest North Korean Economy News China-North Korea Border N. Korean exports resume through Hyesan customs amid strict controls Lee Chae Eun - January 17, 2025 Headline N. Koreans abandon won as currency redenomination fears spread Lee Chae Eun - January 17, 2025 Latest North Korean Agricu...
North Korea’s Economy The first phase of North Korea's economic development, following the division of the formerly unified kingdom, was dominated byindustrialization. This was a difficult task, considering the damage the country's infrastructure weathered during the Korean War. North Korea assumed...