Is the North Korean Won Pegged to the RMB? Probably, but the Numbers Don’t Show It
The market exchange rate between the North Korean won, the Chinese renminbi (RMB), and the US dollar (USD) has looked…
Articles
Economy
North Korea’s Economic Policy in 2018 and Beyond: Reforms Inevitable, Delays Possible
Kim Jong Un has based his claim to legitimacy as North Korea’s leader on economic performance. This makes him more…
How the North Korean Economy Should—and Shouldn’t—be Used in Negotiations
To date, assistance for North Korea’s economy has not factored into negotiations between the United States, South Korea and North…
Rebooting Inter-Korean Economic Relations: A Challenging Road Ahead
The dramatic shift in inter-Korean relations now underway provides a strategic opportunity to rethink future economic cooperation between the two…