October 01, 2023

Is North Korea a Third World country?

Bad economy, good social indicators: North Korea's status is an enigma

North Korean statistics paint a very peculiar picture: this country is very difficult to categorize indeed. 

On the one hand, when it comes to its economy, it is clearly a very poor nation, below even the sorry level of the Third World. However, if you look at the social indicators, the country looks far more advanced, and could even be compared with a less successful developed nation.