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NORTH KOREAN ECONOMY
The Democratic People's Republic of Korea, also dubbed the Hermit Kingdom, is one of the world's last centrally planned economies. Mismanagement of North Korea’s economy and natural calamities have resulted in mass starvation, encouraging some North Koreans to seek refuge in China, South Korea, or other countries. Since 2002, North Korea has dabbled in economic reforms. But whether or not North Korea deepens those reforms after the Dear Leader Kim Jong-il’s eventual passing remains to be seen.
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Recent news on this topic.
Christian missionary from the United States who illegally entered the country on Christmas Day to urge its leader, Kim...
Chinese Communist Party official will visit Pyongyang next week in what appears to be a move to press North Korea to...
outside the country's tightly controlled state distribution system could signal a political setback for the government...
said separately it was releasing a U.S. activist it had held since December, clearing an obstacle between North Korea...
Chinese Communist Party official will visit Pyongyang next week in what appears to be a move to press North Korea to...
SEOUL, South Korea - Facing food shortages, severe price increases and social unrest, North Korea appears to have...
It is the nerve centre of North Korea's money-making operations, the department dedicated to raising hard currency for...
been absent from public activities since early January. The revaluation was apparently an attempt by North Korean...
Computers are rare in North Korea, and the Internet, for most of its citizens, is little more than a whispered rumor.
SEOUL (Reuters) - North Korea has eased some curbs it placed on black market trading, the South's spy agency said on...
shady Room 39 replaced after foreign travel bans, South Korean agency claims It is the nerve centre of North Korea's...
not mention the personnel change. Room 39 is described as the lynchpin of the North's so-called "court...
SEOUL, South Korea - North Korea's sweeping attempts to revive socialist central economic planning and crack down on...
where it can win aid for reducing the security threat it poses in economically vital North Asia. Leader Kim Jong-il has...
3 - North Korean defector says she was imprisoned for nine years because she had knowledge of leader Kim Jong-il's love...
been sacked and was awaiting trial. Middle class The revaluation was apparently an attempt by North Korean leader Kim...
Jon Herskovitz and Christine Kim SEOUL (Reuters Life!) - Kim Young-soon was a celebrated dancer who moved among North...
vital North Asia. Assistant U.S. Secretary of State Kurt Campbell said after meeting officials in Seoul that North...
North Korea has purged a senior communist party official for his role in the disastrous currency revaluation that has...
SEOUL (Reuters Life!) - Kim Young-soon was a celebrated dancer who moved among North Korea's elite before she was sent...
Egypt phone operator plans to expand cell phone services in North Korea. STORY HIGHLIGHTS Orascom Telecom says its...
Egypt phone operator plans to expand cell phone services in North Korea. STORY HIGHLIGHTSOrascom Telecom says its...
was setting up a state development bank to encourage foreign investment, on the instructions of North Korean leader Kim...
and news reports in Seoul said Wednesday, as a South Korean newspaper reported that the North Korean leader, Kim...
Top Sources: North Korean Economy
- Reuters
- Financial Times
- asiasentinel.com
- BBC
- New York Times
- International Herald Tribune
- Reuters India
- Guardian Unlimited
- Mail Online UK
- Sydney Morning Herald
