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North Korean Economy

‘Dollarization’ of North Korean Economy, Once Vital, Now Potential Threat to Kim’s Rule

‘Dollarization’ of North Korean Economy, Once Vital, Now Potential Threat to Kim’s Rule

By Hyung-jin Kim
Defectors say an attempt to end use of U.S. dollars and Chinese yuan would likely just cause chaos.

What Is the Truth About COVID-19 in North Korea?

What Is the Truth About COVID-19 in North Korea?

By Mitch Shin
North Korea insists there have been no coronavirus cases in the country. So why does it keep tightening restrictions, despite the heavy cost?
Kim Jong Un Visits Samjiyon County Ahead of Supreme People's Assembly Meeting

Kim Jong Un Visits Samjiyon County Ahead of Supreme People's Assembly Meeting

By Ankit Panda
The North Korean leader conducted his first on-site survey in 2019.

The Hanoi US-North Korea Summit: Why Pyongyang’s Crippled Economy Is Central

The Hanoi US-North Korea Summit: Why Pyongyang’s Crippled Economy Is Central

By Gianluca Spezza and Nazanin Zadeh-Cummings
What comes after a peace declaration with North Korea, and can it salvage the country’s economy?

Making Sense of North Korea's Nuclear-Free Foundation Day Military Parade: First Takeaways

Making Sense of North Korea's Nuclear-Free Foundation Day Military Parade: First Takeaways

By Ankit Panda
North Korea chose not to parade its nuclear-capable missiles. What does that say?

What’s Driving Taiwan’s Mass Protests?
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What’s Driving Taiwan’s Mass Protests?

Korea’s Peace Dividend

Korea’s Peace Dividend

By Anthony Fensom
What are the economic implications of the recent thaw in inter-Korea relations?

One Belt, One Road, One Korea?

One Belt, One Road, One Korea?

By Maximilian Römer
Together, China’s Belt and Road and South Korea’s Eurasia Initiative could help pave the path to peace on the peninsula.
December 2017 Sanctions on North Korea: Business as Usual?

December 2017 Sanctions on North Korea: Business as Usual?

By Benjamin Katzeff Silberstein
New sanctions are unlikely to significantly change the status quo on the Korean Peninsula.

Kim Jong-un Emphasizes Economic Self-Reliance After Sanctions

Kim Jong-un Emphasizes Economic Self-Reliance After Sanctions

By Ankit Panda
North Korea's supreme leader outlined the salience of economic self-reliance in a recent speech.

Market Prices in North Korea Rise Sharply After Recent Sanctions and Tensions

Market Prices in North Korea Rise Sharply After Recent Sanctions and Tensions

By Benjamin Katzeff Silberstein
North Korea’s domestic economy may be very resilient but it is not beyond the reach of international tensions.

Sorry, an Oil Embargo Won’t Lead to North Korea’s Capitulation

Sorry, an Oil Embargo Won’t Lead to North Korea’s Capitulation

By Paul Musgrave and Yu-Ming Liou
Conventional wisdom on the effectiveness of oil embargoes is mistaken.
Will Marketization Bring Down the North Korean Regime?

Will Marketization Bring Down the North Korean Regime?

By Jonathan Corrado
The Kim regime has turned its new economic elites into an increasingly important source of revenue.

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