Via CNN, an interesting look at North Korea’s Ryugyong Hotel: In 1987, ground was broken on a grand new hotel in North Korea’s capital, Pyongyang. The pyramid-shaped, supertall skyscraper was to exceed 1,000 feet in height, and was designed to house at least 3,000 rooms, as well as five revolving restaurants with panoramic views. The Ryugyong Hotel […]
Read more »Courtesy of the North Korea Economy Watch, a look at the current state of North Korea’s economy: The Hanoi summit is just days away, Daily NK recently put out new market price data, and I’ve finally had time to update my dataset. There seems like no better time than the present to take a look at some of […]
Read more »Via 38North, commentary on North Korea’s economy: Kim Jong Un has based his claim to legitimacy as North Korea’s leader on economic performance. This makes him more vulnerable to economic crises than his predecessors. If he wants to stay in power and achieve Korean unification under his leadership, he will have to succeed in making […]
Read more »Via the Asia Times, a look at how, while many investors are salivating at the prospects in North Korea, a handful of players are already seeing profits: In offices overlooking the Yalu River in Dandong, China, at a rural real estate agency just south of the inter-Korean DMZ, and among the glass and steel office […]
Read more »Via Foreign Policy, an interesting article on North Korea’s economic potential: This month’s summit in Singapore between U.S. President Donald Trump and North Korean leader Kim Jong Un sparked hopes that the two men can solve a decades-old impasse and open up one of the world’s most closed economies. Those visions may not be a pipe […]
Read more »Courtesy of The Financial Times, a report on North Korea and what appears to be Pyongyang preference for pursuing a state-guided Chinese model over unfettered capitalism: When Donald Trump outlined his vision for the economic development of North Korea, he played on western ideals of luxurious apartments with sea views. But just days after a […]
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