KDI Dialogue on the North Korea Economy

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Dollarization of the North Korean Economy: Causes and Effects

Institute, Korea Development (Korea Development Institute, 2020-03-30)

A generalization and the widespread use of foreign currency in North Korea is called dollarization. Opinions are mixed over the backgrounds and the causes of the phenomenon, whether it is peculiar to the North, what it implies about the reality, and what effects it will have on the North’s economy. Dollarization was selected as the topic of the second edition of <Dialogue>, a new KDI series devoted ...

A generalization and the widespread use of foreign currency in North Korea is called dollarization. Opinions are mixed over the backgrounds and the causes of the phenomenon, whether it is peculiar to the North, what it implies about the reality, and ...
Macroeconomic Trends in the Kim Jong-un Era: Continuation or Break?

Institute, Korea Development (Korea Development Institute, 2019-12-30)

Many agree that the economy of North Korea has changed under the Kim Jong-un regime, but there are often different interpretations as to whether these changes are in line with the continued transformation from the 1990s or they should be seen as a completely separate trend. And the way of understanding the shift varies on which side you stand. In this context, the KDI Review of the North Korean ...

Many agree that the economy of North Korea has changed under the Kim Jong-un regime, but there are often different interpretations as to whether these changes are in line with the continued transformation from the 1990s or they should be seen as a ...