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North Korean Economy

‘Dollarization’ of North Korean Economy, Once Vital, Now Potential Threat to Kim’s Rule
June 10, 2023

‘Dollarization’ of North Korean Economy, Once Vital, Now Potential Threat to Kim’s Rule

By Hyung-jin Kim
Defectors say an attempt to end use of U.S. dollars and Chinese yuan would likely just cause chaos.

What Is the Truth About COVID-19 in North Korea?
January 06, 2021

What Is the Truth About COVID-19 in North Korea?

By Mitch Shin
North Korea insists there have been no coronavirus cases in the country. So why does it keep tightening restrictions, despite the heavy cost?
Kim Jong Un Visits Samjiyon County Ahead of Supreme People's Assembly Meeting
April 05, 2019

Kim Jong Un Visits Samjiyon County Ahead of Supreme People's Assembly Meeting

By Ankit Panda
The North Korean leader conducted his first on-site survey in 2019.

The Hanoi US-North Korea Summit: Why Pyongyang’s Crippled Economy Is Central
February 25, 2019

The Hanoi US-North Korea Summit: Why Pyongyang’s Crippled Economy Is Central

By Gianluca Spezza and Nazanin Zadeh-Cummings
What comes after a peace declaration with North Korea, and can it salvage the country’s economy?

Making Sense of North Korea's Nuclear-Free Foundation Day Military Parade: First Takeaways
September 09, 2018

Making Sense of North Korea's Nuclear-Free Foundation Day Military Parade: First Takeaways

By Ankit Panda
North Korea chose not to parade its nuclear-capable missiles. What does that say?

Korea’s Peace Dividend
May 07, 2018

Korea’s Peace Dividend

By Anthony Fensom
What are the economic implications of the recent thaw in inter-Korea relations?

One Belt, One Road, One Korea?
February 10, 2018

One Belt, One Road, One Korea?

By Maximilian Römer
Together, China’s Belt and Road and South Korea’s Eurasia Initiative could help pave the path to peace on the peninsula.
December 2017 Sanctions on North Korea: Business as Usual?
December 26, 2017

December 2017 Sanctions on North Korea: Business as Usual?

By Benjamin Katzeff Silberstein
New sanctions are unlikely to significantly change the status quo on the Korean Peninsula.

Kim Jong-un Emphasizes Economic Self-Reliance After Sanctions
October 11, 2017

Kim Jong-un Emphasizes Economic Self-Reliance After Sanctions

By Ankit Panda
North Korea's supreme leader outlined the salience of economic self-reliance in a recent speech.

Market Prices in North Korea Rise Sharply After Recent Sanctions and Tensions
September 19, 2017

Market Prices in North Korea Rise Sharply After Recent Sanctions and Tensions

By Benjamin Katzeff Silberstein
North Korea’s domestic economy may be very resilient but it is not beyond the reach of international tensions.

Sorry, an Oil Embargo Won’t Lead to North Korea’s Capitulation
September 09, 2017

Sorry, an Oil Embargo Won’t Lead to North Korea’s Capitulation

By Paul Musgrave and Yu-Ming Liou
Conventional wisdom on the effectiveness of oil embargoes is mistaken.
Will Marketization Bring Down the North Korean Regime?
April 18, 2017

Will Marketization Bring Down the North Korean Regime?

By Jonathan Corrado
The Kim regime has turned its new economic elites into an increasingly important source of revenue.

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