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Economy

Information related to the North Korea economic sector

Timeline: From Washington’s foreign policy moves to South Korea’s leaky border
Analysis

Timeline: From Washington’s foreign policy moves to South Korea’s leaky border

NK Pro timeline charts the key events from Feb. 1 - Feb. 28

Timeline: From Washington’s foreign policy moves to South Korea’s leaky border
NK ProNK Pro March 2, 2021
North Korea’s economy is in a state of catastrophe, but the issue is decades-old
Analysis

North Korea’s economy is in a state of catastrophe, but the issue is decades-old

New data shows that the DPRK’s economic stagnation started much earlier than researchers previously thought

North Korea’s economy is in a state of catastrophe, but the issue is decades-old
Peter WardPeter Ward February 26, 2021
North Korean ships return to sea after a quiet COVID-19 winter
News

North Korean ships return to sea after a quiet COVID-19 winter

At least eight DPRK-flagged ships were active in Feb. 2021, as well as suspicious foreign-flagged ships

North Korean ships return to sea after a quiet COVID-19 winter
Min Chao ChoyMin Chao Choy February 22, 2021
After months of delays, Kim Jong Un’s premier hospital could soon open up
News

After months of delays, Kim Jong Un’s premier hospital could soon open up

A workers’ base camp was recently removed from Pyongyang General Hospital-related construction grounds 

After months of delays, Kim Jong Un’s premier hospital could soon open up
Colin ZwirkoColin Zwirko February 19, 2021
North Korea appoints foreign trade specialist as ambassador to China
News

North Korea appoints foreign trade specialist as ambassador to China

Ri Ryong Nam's appointment hints at greater economic exchange between North Korea and China, experts say

North Korea appoints foreign trade specialist as ambassador to China
Chad O'CarrollChad O'Carroll February 19, 2021
North Korea is boldly flouting sanctions with ships full of illegal fuel
News

North Korea is boldly flouting sanctions with ships full of illegal fuel

A draft U.N. report suggests that North Korean ships are disguising themselves with greater sophistication

North Korea is boldly flouting sanctions with ships full of illegal fuel
Min Chao ChoyMin Chao Choy February 18, 2021
Open for business? North Korea can learn a lot from Cuba’s economic reforms
Analysis

Open for business? North Korea can learn a lot from Cuba’s economic reforms

North Korea has a similar history to Cuba, but has lagged behind since the collapse of European communism in the 1990s

Open for business? North Korea can learn a lot from Cuba’s economic reforms
Peter WardPeter Ward February 17, 2021
North Korea is fighting to take back control of its economy from the markets
Analysis

North Korea is fighting to take back control of its economy from the markets

Kim Jong Un steered his country away from economic reform at the recent Eighth Party Congress and Second Plenary Meeting

North Korea is fighting to take back control of its economy from the markets
Peter WardPeter Ward February 16, 2021
Kim Jong Un’s missing wife likely alive and well, Seoul intelligence agency says
Border Controls

Kim Jong Un’s missing wife likely alive and well, Seoul intelligence agency says

South Korea’s NIS also allegedly told lawmakers that North Korea is suffering from food shortages in border areas

Kim Jong Un’s missing wife likely alive and well, Seoul intelligence agency says
Jeongmin KimJeongmin Kim | Won-Gi Jung February 16, 2021
New North Korean propaganda blames ‘apathetic’ citizens for its economic issues
News

New North Korean propaganda blames ‘apathetic’ citizens for its economic issues

North Korea seems to be shifting blame for its economic problems from external threats to internal enemies, expert says

New North Korean propaganda blames ‘apathetic’ citizens for its economic issues
Colin ZwirkoColin Zwirko February 16, 2021
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