About the Author
Anton Sokolin
Anton Sokolin is the data correspondent at NK News. He previously worked at Reuters, TASS and the Korea Trade Promotion Corporation (KOTRA).
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News North Korea’s surprising economic success will be short-lived, report suggestsROK report suggests strong growth is driven by war in Ukraine and will wane alongside Russian military demand
North Korea’s relatively strong economic growth in recent years is a temporary phenomenon driven heavily by military production related to Russia’s war in Ukraine, according to a new analysis, warning that living standards could suffer once wartime demand wanes. A recent report by the Institute for National Security Strategy (INSS), a think tank affiliated with South Korea’s National Intelligence Service (NIS), challenged reporting by news outlets like the Wall Street Journal and New York Times that have portrayed the DPRK economy as a success story due to Pyongyang’s ties with Moscow. Lim Soo-ho of the INSS, the author of the © Korea Risk Group. All rights reserved. |