What’s Up with North Korea’s Skyrocketing Exchange Rates?
In recent months, foreign exchange rates in North Korea have surged in ways that intuitively …
Articles
Economy
Examining developments and trends in North Korea’s economy, economic infrastructure, and political institutions.
Kaesong Industrial Complex: A Tortured History and Uncertain Future
Overview The Kaesong Industrial Complex (KIC), a joint venture between North Korea and South …
Theater Demolished as Wonsan-Kalma Tourist Zone Project Enters Final Phase
And just like that, it was gone. Recent commercial satellite imagery shows an outdoor theater …
North Korea’s Regional Development: The Long Journey Toward “20×10 Policy”
North Korea has been plagued by poverty since the 1990s, when the entire economic system came …