Tag
North Korea economy
What’s Driving North Korea’s Frantic Military Development?
By Jung Jae-wook
Kim Jong Un is attempting to circumvent discontent at home with a strong show of military prowess. It's a dangerous game.
What’s Driving Kim Jong Un’s New Regional Development Policy?
By Lee Sang-yong
The plan acknowledges the severe disparity in living conditions between Pyongyang and the rest of the country – and the resulting public discontent.
North Korean Exports Hit Record High Since UN Sanctions Took Full Effect
By Troy Stangarone
North Korea’s exports overwhelmingly go to China – and rely on a single (and surprising) export category.
North Korea Is Desperately Seeking Foreign Currency to Fund Its Military
By Seulkee Jang
A consulate in China ordered trade officials to identify collaborators who can send or launder money, even if they cannot directly invest in North Korea.
Behind North Korea’s Efforts to Monopolize Its Food Supply
By Robert Lauler
Pyongyang has always had a complicated relationship with markets, but is the government really trying to prevent all private food sales?
A Chinese Businessman on Doing Business Inside North Korea
By Seulkee Jang
“North Korea doesn’t have a stable political environment for foreigners to do business in, but because wages are so low, doing business there is worth a try,” the businessman told Daily NK.
North Korea Wants More Control Over Farming Amid Food Shortage
By Hyung-jin Kim and Kim Tong-hyung
Prospects for quickly resolving its food insecurity are dim, as North Korea restricts the operation of markets and devotes much of its scarce resources to its nuclear program.
North Korea Mines New Revenue Sources in Its Trade With China
By Troy Stangarone
The latest data shows Pyongyang is continuing to adapt to U.N. sanctions, while trade is beginning to rebound from pandemic lows.
North Korea Likely to Lift Pandemic Border Restrictions in 2023
By Sangsoo Lee
North Korea’s quest to strengthen its military power will require financial backing – which means reopening borders for trade and migrant workers.
The Domestic Factors Behind North Korea’s Missile Tests
By Mitchell Lerner
Historically, Pyongyang launches its most provocative foreign policy moves when the regime faces particularly intense problems at home. Current North Korean behavior fits this pattern.
South Korea’s President Offers ‘Audacious Initiative’ for North Korea’s Denuclearization
By Mitch Shin
Amid the stalled nuclear and inter-Korean dialogue, President Yoon Suk-yeol again repeated his pledge of economic rewards for denuclearization.
How the North Korean Government Is Squeezing Foreign Currency Out of Its People
By Sang Yong Lee
The North Korean government’s persistent efforts to acquire foreign currency reflects the severity of the economic crisis the country is facing.
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