News North Korea Economy: Podcast: China’s Influence on the North Korean Economy
China and North Korea historically have had a close relationship—as close as “lips and teeth,” as leaders in both countries were fond of saying during the Cold War. To this day, China is North Korea’s largest trading partner, energy provider, and source of aid. Despite these close ties, however, the past eighteen months have revealed […]
News North Korea Economy: Command vs. Mixed Economy: Key Differences Explained
Discover how command and mixed economies differ, focusing on government control vs. private sector influence, supply and demand, and economic growth strategies.
News North Korea Economy: A wealthier North Korea widens Kim Jong-un’s options
Growing revenues from trade with Russia and cybercrime and tightening state control are giving Kim Jong-un more economic and strategic flexibility than North Korea has seen in decades.
News North Korea Economy: North Korea fires two apparent cruise missiles, the latest launches in its recent testing flurry
Analysts say Pyongyang's recent flurry of missile launches is likely an effort to get Washington to accelerate diplomacy over the North's nuclear weapons program and the sanctions stemming from it.
News North Korea Economy: North Korea Launches Suspected Cruise Missiles
Such launches aren’t covered by U.N. resolutions that govern Pyongyang’s weapons activity. Kim Jong Un regime previously conducted four ballistic-missile tests this month.