April 26, 2024

Economy

Information related to the North Korea economic sector

Trade in North Korean gold, coal and iron to China continues in April
NK PRO

Trade in North Korean gold, coal and iron to China continues in April

Gold ore could constitute a breach of sanctions, while coal and iron are so far unaffected

Trade in North Korean gold, coal and iron to China continues in April
Leo Byrne
Leo Byrne June 17, 2016
Only inter-Korean cooperation can solve illegal Chinese fishing

Only inter-Korean cooperation can solve illegal Chinese fishing

Unilateral ventures around NLL risk not just those fishermen, but catastrophic escalation

Only inter-Korean cooperation can solve illegal Chinese fishing
Kim Dong-yub
Kim Dong-yub June 17, 2016
Striking black gold: How North Koreans became coal entrepreneurs

Striking black gold: How North Koreans became coal entrepreneurs

Coal is relatively easy to produce, so business-state partnerships have turned profits

Striking black gold: How North Koreans became coal entrepreneurs
Andrei Lankov
Andrei Lankov June 14, 2016
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