Economy
Information related to the North Korea economic sector
North Korea producing new open-air ‘tourist’ tramcars despite closed borders
Officials appear to be taking steps to expand travel sector, though COVID outbreak casts doubt over tourism this summer
June 20, 2022
State media review: New disease outbreak rubs salt in North Korea’s wounds
An in-depth analysis of drought and epidemics in a rice-producing region, blaming workers for economic issues and more
June 17, 2022
An age of economic technocrats arrives in South Korea
Yoon Suk-yeol has picked experienced officials for top posts, boding well for policy but raising risk of groupthink
June 16, 2022
How North Korea’s revival of communism goes hand in hand with ultranationalism
Uptick in communist rhetoric during pandemic highlights peculiar ideological mix regime uses to stay in power
June 15, 2022
Why inflation is finally spiking in South Korea, months after the US
Different factors have driven rising prices in two countries, increasing likelihood of economic slowdown
June 15, 2022
Major construction springs up in shadow of infamous Pyongyang hotel: Imagery
Lack of fanfare in North Korean state media suggests ‘bottom-up’ investment is behind ambitious project, expert says
June 14, 2022
How COVID-19 and drought shaped North Korea’s priorities at latest party plenum
Leadership signaled focus on agriculture and construction as it deals with effects of long-term trade shutdown
June 13, 2022
Kim Jong Un stresses DPRK’s right to self-defense based on ‘power for power’
At party meeting, North Korean leader taps Choe Son Hui as foreign minister, Ri Son Gwon to lead inter-Korean affairs
June 11, 2022
Factor markets: Who really owns the land, labor and capital in North Korea?
Actual control and right to buy and sell are increasingly determined by access to funds, not by state fiat
June 6, 2022
North Korea adds skyscraper, simplifies designs for major new housing project
State media says framework construction ‘nearing completion’ at 10,000-home project in Pyongyang’s Hwasong area
June 6, 2022
