Tag
North Korea economy

The North Korean Economy Under Sanctions and COVID-19
By 38 North / Bradley O. Babson
Amid stalled diplomacy and a global pandemic, North Korea is signalling major adjustments in its economic policies and management practices.

North Korea’s Foreign Cash Crunch
By Benjamin Katzeff Silberstein
North Korea’s government bonds and other economic coercion is a red flag for state finances.

North Korea’s Trade With China Continues Rapid Decline
By Troy Stangarone
The COVID-19-induced border closure continues to wreak havoc on North Korea's trade with China.

South Korean Intelligence Reports COVID-19-Induced Panic Buying in the North
By Associated Press
The National Intelligence Service told lawmakers in Seoul that the pandemic is hurting North Korea’s economy.

How COVID-19 Is Affecting North Korea’s Economy
By Gabriela Bernal
If this crisis has proven anything it’s how much the North Korean economy relies on China.

North Korea’s Exports to China Collapse Amid Coronavirus
By Troy Stangarone
Chinese data from January and February hints that the border closure is taking a serious economic toll.

Coronavirus: The Economic Costs for North Korea
By Troy Stangarone
The outbreak, and Pyongyang’s response, will seriously strain the North Korean economy.

North Korea’s Economy: The View From China
By Mu Chunshan
Sanctions aside, many Chinese businesspeople are willing to invest across the border. Is North Korea ready to open its doors for them?

North Korea Turns to Russia for Cash
By Tae-jun Kang
Since the Putin-Kim summit, North Korea has been stepping up economic ties with Russia.

North Korea Places Its Hope in Science and Technology
By Tae-jun Kang
Pyongyang is putting more emphasis on developing its science sector in hopes of transforming the economy.

North Korea’s Internal Struggles Hint That Sanctions Are Working
By Tae-jun Kang
Reports of business closures and food price spikes are more evidence that North Korea's economy is struggling.

What’s Behind North Korea’s Recent Efforts to Promote Its Education Sector?
By Tae-jun Kang
North Korean propaganda has been unusually fixated on praising the country's education sector. Why?