Tag
North Korea economy
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.
What Comes Next in North Korea’s Battle With Omicron?
By Justin Fendos
How bad might North Korea’s first COVID-19 outbreak get, and what options does the international community have in responding?
North Korea’s Crypto Operations Are Supporting Its Nuclear Program
By Chetan Peddada
North Korea sees cryptocurrency as a lifeline amid pandemic-induced devastation to its regular economy.
3 North Koreans Provide a Glimpse of North Korea’s Worsening Economic Situation
By Jeong Tae Joo
Locals report increasing starvation deaths and disappearances among their neighbors, but Pyongyang is most concerned with preventing the harsh reality from souring planned celebrations.
A Long Road to Nowhere: 10 Years of the Kim Jong Un Regime
By Hae Kyung Ahn
In April, Kim Jong Un will mark the 10th anniversary of his complete succession to power. He doesn't have much to celebrate.
North Korea Raids Major Illegal Currency Exchange Office in Sinuiju
By Mun Dong Hui
“The authorities found $80 million at the office,” a source told Daily NK.
North Korea’s ‘Strategic Patience’
By Mitch Shin
Recent developments suggest North Korea is adopting its own version of “strategic patience”: ignoring diplomatic outreach until the situation turns in its favor.
Class Struggle, the Biggest Challenge to North Korea’s Economic Development
By Chan Young Bang
Both domestically and internationally, class struggle prevents North Korea from integrating into the world economy.
North Korea’s Food Shortage Is a Lesson for US Policymakers
By Zhuoran Li
If North Korea’s extreme self-inflicted COVID isolation isn’t enough to break the Kim regime, external sanctions have no chance.
North Korea’s Unusual Military Parade
By Mitch Shin
Unlike previous military parades, North Korea did not unveil new advanced weapons this time.
North Korea’s Economy Continues to Show Warning Signs
By Seulkee Jang
North Korean commodity prices skyrocket in some regions while currency exchange rates continue to plummet.
Global Trade Is Recovering From the Pandemic. North Korea’s Economy Isn’t.
By Troy Stangarone
With its borders still locked down, North Korea isn’t benefiting from China’s return to growth. That’s unlikely to change anytime soon.