The North Korean Economy, November 2019: Kim Jong Un’s Kumgang Statement Signals a Shift in Economic Gears
Introduction On Wednesday, October 23, Kim Jong Un visited the Mt. Kumgang Tourist Region in the southern part of the…
Articles
Domestic Affairs
From politics to economics, from leadership succession to the introduction of fast food restaurants, there is a lot going on inside North Korea.
The North Korean Economy, October 2019: Are Sanctions Causing a More Volatile Exchange Rate?
Introduction The stability of North Korean exchange rates has been a longstanding puzzle for economic experts on the DPRK. Even…
Wonsan’s Beach Resort on Pace for Completion by Spring 2020
Kim Jong Un’s desire to transform the Wonsan region into a world-class, summer tourist destination is rapidly approaching reality, as…
North Korea’s Hydroelectric Power – The Tanchon Power Station Project
Background At first glance, North Korea’s mountainous terrain and numerous riverine systems would seem ideal for hydroelectric power production, and…