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Economy

Information related to the North Korea economic sector

Can the spark of capitalism in N.Korea catch fire?

Can the spark of capitalism in N.Korea catch fire?

Capitalistic entrepreneurship needs infrastructure – sorely lacking in the North – to take off

Can the spark of capitalism in N.Korea catch fire?
Robert E. McCoy
Robert E. McCoy June 14, 2016
N.Korea and hacking the financial world

N.Korea and hacking the financial world

Regime has long had entry into the world-wide electronic financial transaction system

N.Korea and hacking the financial world
Robert E. McCoy
Robert E. McCoy June 9, 2016
In May, Kim Jong Un focuses on economy after Party Congress
NK PRO

In May, Kim Jong Un focuses on economy after Party Congress

Kim’s activity emphasizes politics & economics, uncharacteristically eschews military affairs

In May, Kim Jong Un focuses on economy after Party Congress
John G. Grisafi
John G. Grisafi June 7, 2016
The carrot does not work on North Korea

The carrot does not work on North Korea

No 'free' trade can happen as long as Kim Jong Un's coterie insist on exploiting the proceedings

The carrot does not work on North Korea
John Lee
John Lee June 3, 2016
New N.Korean bank service offers up to 11% interest rates
NK PRO

New N.Korean bank service offers up to 11% interest rates

Economists suggest new service may be representative of hyper inflation or even a scam

New N.Korean bank service offers up to 11% interest rates
‘Owning’ a home in North Korea

‘Owning’ a home in North Korea

Residency rights and restrictions on moving means one all but owns the place

‘Owning’ a home in North Korea
Andrei Lankov
Andrei Lankov May 24, 2016
Signs of economic bustle in N.Korea, but will it last?
NK PRO

Signs of economic bustle in N.Korea, but will it last?

Field notes from inside the country reveal successes, but also stresses and stalemates

Signs of economic bustle in N.Korea, but will it last?
NK News
NK News May 23, 2016
North Korea balances threats with promises at the Seventh Congress

North Korea balances threats with promises at the Seventh Congress

Five-year economic growth plan is only possible based on confidence in national economy

North Korea balances threats with promises at the Seventh Congress
Cha Du-hyeogn
Cha Du-hyeogn May 20, 2016
Little to be hopeful of after N.Korea’s Seventh Congress

Little to be hopeful of after N.Korea’s Seventh Congress

Kim Jong Un doubles down, offers little sign his country will be more welcoming for investors

Little to be hopeful of after N.Korea’s Seventh Congress
Fyodor Tertitskiy
Fyodor Tertitskiy May 18, 2016
The highlights and hindrances of teaching N.Koreans entrepreneurship

The highlights and hindrances of teaching N.Koreans entrepreneurship

Despite difficulties obtaining donor support, NGO trained record number of N.Koreans last year

The highlights and hindrances of teaching N.Koreans entrepreneurship
Chad O'Carroll
Chad O'Carroll May 17, 2016