institut: Korean Development Institute
Publié: 2021-10-29
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Résumé: The biggest obstacle to the North Korean economy of today is the shortage of energy supply. Now that international sanctions on crude oil supply to North Korea are fully implemented, North Korea's energy situation is drawing attention. September’s 'Dialogue' invited Dr. Kim Kyung-Sul at the Korea Energy Economics Institute to look into the history and environment of North Korea's energy sector, changes in the energy economy during economic crisis in the 1990s, related policies and the current state of national energy management, and furthermore, the importance of energy cooperation in the f...
Publié: 2021-09-30
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Résumé: Since the massive starvation in the 1990s, the outside world has been greatly interested and cooperated in helping North Korea's agricultural and food situation, but relevant information and data are rare, and North Korea is still known as one of the world’s hungriest countries suffering chronic food shortages. As the COVID-19 pandemic compounded the situation, North Korean agriculture and food issues are gaining attention again. In this context, ‘Dialogue’ looks into history, trend changes, and prospects of North Korean agriculture. As for North Korea's economic situation in 2021, some se...
Publié: 2021-08-31
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Résumé: South Korea’s policy on North Korea underwent a significant transformation focusing on inter-Korean economic cooperation as a routine policy measure. This opened up new possibilities of setting unification policy in motion before the two Koreas are reunited. This is because the economic cooperation was regarded as a realistic tool that could help narrow the socioeconomic gap and restore national homogeneity prior to reunification. However, the prospect of two Korea’s economic relations is becoming increasingly unclear due to the prolonged suspension of inter-Korean economic cooperation and ...
Publié: 2021-07-30
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Résumé: Kim Jong Un’s regime has entered its 10th year with the economic sanctions still in place and continuing Covid-19 pandemic. Several studies have been attempted to analyze where the North Korean economy is at and headed. Two opposing perspectives of ‘stagnation’ and ‘recovery’ are analyzed and compared in June’s 'Trends and Analysis'. The study systematically explains how the assessment can be viewed differently depending on which indicators you look at. Instead of pursuing different arguments, author employs the satellite data as a new analysis subject and examines the economic recovery sit...
Publié: 2021-06-30
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Publié: 2021-05-31
Accéder au siteinstitut: Korean Development Institute
Résumé: Despite the long-standing goal of achieving self-reliance, North Korea’s economy has become increasingly dependent on foreign trade. With Dr. Suk-Jin Kim from the Korea Institute for National Unification participating ‘Dialogue,’ discussants looked into North Korea’s foreign trade from various angles, such as history, structure, characteristics, and transformations in connection with the changes in internal and external economic conditions and surrounding geopolitical situations. He added that current studies on North Korea’s trade are being challenged by the lack of accurate data on its fo...
Publié: 2021-04-30
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Résumé: 'Dialogue' of KDI Review of the North Korean Economy for March 2021 discusses on 'North Korean Market II: Major Issues and Different Perspectives'. While the basic aspects of the overall North Korean market were covered in the February issue, the current one looks further into its size, role, and function. In particular, from the perspective of North Korea's planned economy, participants focus on how the interpretation of ‘market’ has changed throughout the Kim Jong Un era and the Covid-19 pandemic. Participants hoped that with more accuracy and diversity in relevant data, researchers will ...
Publié: 2021-03-31
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Résumé: 'Dialogue' of KDI Review of the North Korean Economy for February 2021 is about ‘North Korean Market I: Growth, Structure, and Changes,’ which focuses on one of the most noticeable phenomena found in the North Korean economy in the past thirty years: development of the market. In the past, North Korea maintained a planned economy relying on a strong control, but now it seems there are only remnants of the control, as its economy is now increasingly reliant on informal economic activities, represented by the market, or on economic principle-based activities. Most of general economic agents a...
Publié: 2021-02-26
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Résumé: KDI Review of the North Korean Economy for January 2021 presents the article, "Overview: Expected Duration and Depth of North Korea's Economic Crisis," which contains an assessment of macroeconomic trends in 2020 and projection of 2021. This was carried out by compiling and interpreting various observations on the North Korean economy in 2020 and analyzing critical issues related thereto. In addition, three trend analysis articles are featured: "North Korea's Fiscal Shock and Its Impacts on the Economy," "Effects of Covid-19 on North Korea's Trade," and "North Korea’s Economic Situation: A...
Publié: 2021-01-29
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