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Investors show new interest in North Korea
From the Herald Tribune: Donald Greenlees In May, Kelvin Chia, one of the first foreign lawyers to receive a license to practice in North Korea, took a party of Indonesian miners on an investment tour....
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3 Million NK Refugees Expected in Crisis: BOK
Korea Times Na Jeong-ju 1/26/2007 If at least one member of a North Korean household moves to South Korea after reunification, more than 3 million from the North may head south if the two Koreas are...
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DPRK Economic Growth Estimates for 2006
Institute for Far East Studies (IFES) NK Brief No. 07-8-22-1 The Bank of Korea released a report on August 17 that details economic estimates on a variety of sectors in North Korea. Overall, North...
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DPRK economy shrinks for second year: Bank of Korea
North Korea does not publish economic data. The size of North Korea’s economy is estimated by South Korea’s Central Bank (Bank of Korea), the US Central Intelligence Agency (CIA), and other think...
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Kim Jong-un announces need for financial reform
(Benjamin Katzeff Silberstein) The first meeting for 25 years of North Korean banking and finance officials was held a few weeks ago, Yonhap reported: The Third National Conference of Financial and...
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Bank of Korea estimate of North Korean economy in 2015 published
UPDATE 1 (2016-12-15): Yonhap reports on some statistics released by Statistics Korea. They largely mirror Bank of Korea data, so I have put the report here: North Korea’s per capita income was...
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North Korea’s economy grew by almost 4 percent in 2017, says BOK
Benjamin Katzeff Silberstein Yonhap reports: The estimated expansion of the gross domestic product (GDP) represents a sharp turnaround from 2015 when the economy of one of the world’s most isolated...
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North Korea’s economic contraction in 2018: what the BoK numbers tell us
By Benjamin Katzeff Silberstein The Bank of Korea has released its yearly estimate of North Korea’s economic trends for last year. The estimate gives a contraction of the economy by 4.1 percent....
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