All posts tagged economy
Inflation in North Korea by Marcus Noland
It has been two years since the November 30, 2009 currency reform set off a bout of inflation and contributed to the further devaluing of the North Korean won. In the aftermath, according to Bank of Korea statistics, the North Korean economy shrank and the FAO-WFP recently put out a …
Is the North Korean Economy shrinking? by Marcus Noland
According to the South Korean government, the North Korean economy shrank in 2010, marking the second consecutive year of negative growth. On South Korean reckoning, per capita income
Fishing With Dynamite by Marcus Noland
Victor Cha has argued that North Korea does not commit provocations when engaged; a short paper “Has South Korea’s Engagement Policy Reduced North Korea’s Provocations?,” in the current
Labor market experiences of female North Korean refugees in South Korea by Marcus Noland
Today at the semi-annual Asian Economic Policy Review conference, Kim Byung-yeon presented the preliminary draft of a paper co-authored with Jeon Woo-taek, Jung Seung-ho, and Yu Shi-eun on
Stormtroopers
My former teacher, the late Bela Balassa, once observed that the maintenance of a radically distorted price structure, as existed in his native Hungary during the communist period,
Trust and Engagement by Marcus Noland
Last month we released “Integration in the Absence of Institutions,” a paper based on a survey of 300 Chinese enterprises operating in North Korea. This week at the
Kim arrives in Russian city to meet Medvedev
North Korean leader Kim Jong-il reportedly arrived in Ulan-Ude early yesterday, an eastern Siberian city in the Buryatiya region where he is expected to meet with Russian President
NKorea opens int’l trade fair at economic zone
North Korea has begun a four-day international trade fair in the country's northeast, where it is building an economic development zone in cooperation with China. North Korea and China
Russians visit North Korea as Kim’s train treks over Siberia
RUSSIAN military officers flew to North Korea yesterday for talks about renewing military ties as North Korean leader Kim Jong Il's armored train rolled through the resource-rich far
In Mongolia, Lee strengthens ties
ULAN BATOR, Mongolia - Leaders of Korea and Mongolia agreed Monday to significantly boost cooperation on energy and other resources and to elevate their relations to a “comprehensive





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