July 06, 2022

Economy

Information related to the North Korea economic sector

South Korea’s tilt toward US risks stalling growing ties with Southeast Asia
KOREA PRO

South Korea’s tilt toward US risks stalling growing ties with Southeast Asia

Seoul’s embrace of new ‘Indo-Pacific strategy’ will require efforts to reassure partners of its commitment to region

South Korea’s tilt toward US risks stalling growing ties with Southeast Asia
Sea Young (Sarah) Kim
Sea Young (Sarah) Kim June 23, 2022
North Korea’s largest-ever banknote signals changes underfoot in monetary system
NK PRO

North Korea’s largest-ever banknote signals changes underfoot in monetary system

50,000-won denomination appears to be result of state efforts to push enterprises away from using foreign currency

North Korea’s largest-ever banknote signals changes underfoot in monetary system
Peter Ward
Peter Ward June 22, 2022
Abandoning phaseout, South Korea moves to get nuclear exports back on track
KOREA PRO

Abandoning phaseout, South Korea moves to get nuclear exports back on track

Seoul has set ambitious targets for building power plants abroad, as companies bet on burgeoning small reactor market

Abandoning phaseout, South Korea moves to get nuclear exports back on track
Karl Friedhoff
Karl Friedhoff June 21, 2022
Book review: Do North Korea’s markets undercut Kim Jong Un or prop up his rule?

Book review: Do North Korea’s markets undercut Kim Jong Un or prop up his rule?

Andrew Yeo’s new book explores how capitalist activity can subvert state power while failing to bring fundamental change

Book review: Do North Korea’s markets undercut Kim Jong Un or prop up his rule?
David Tizzard
David Tizzard June 20, 2022
North Korea producing new open-air ‘tourist’ tramcars despite closed borders

North Korea producing new open-air ‘tourist’ tramcars despite closed borders

Officials appear to be taking steps to expand travel sector, though COVID outbreak casts doubt over tourism this summer

North Korea producing new open-air ‘tourist’ tramcars despite closed borders
Colin Zwirko
Colin Zwirko June 20, 2022
State media review: New disease outbreak rubs salt in North Korea’s wounds
NK PRO

State media review: New disease outbreak rubs salt in North Korea’s wounds

An in-depth analysis of drought and epidemics in a rice-producing region, blaming workers for economic issues and more

State media review: New disease outbreak rubs salt in North Korea’s wounds
Seung-Yeon Chung
Seung-Yeon Chung June 17, 2022
An age of economic technocrats arrives in South Korea
KOREA PRO

An age of economic technocrats arrives in South Korea

Yoon Suk-yeol has picked experienced officials for top posts, boding well for policy but raising risk of groupthink

An age of economic technocrats arrives in South Korea
Hyun-jun Yeo
Hyun-jun Yeo June 16, 2022
How North Korea’s revival of communism goes hand in hand with ultranationalism

How North Korea’s revival of communism goes hand in hand with ultranationalism

Uptick in communist rhetoric during pandemic highlights peculiar ideological mix regime uses to stay in power

How North Korea’s revival of communism goes hand in hand with ultranationalism
Benjamin R. Young
Benjamin R. Young June 15, 2022
Why inflation is finally spiking in South Korea, months after the US
KOREA PRO

Why inflation is finally spiking in South Korea, months after the US

Different factors have driven rising prices in two countries, increasing likelihood of economic slowdown

Why inflation is finally spiking in South Korea, months after the US
Peter Ward
Peter Ward June 15, 2022
Major construction springs up in shadow of infamous Pyongyang hotel: Imagery
NK PRO

Major construction springs up in shadow of infamous Pyongyang hotel: Imagery

Lack of fanfare in North Korean state media suggests ‘bottom-up’ investment is behind ambitious project, expert says

Major construction springs up in shadow of infamous Pyongyang hotel: Imagery
Colin Zwirko
Colin Zwirko June 14, 2022