The uneasy truce between the nuclear-armed North and the US-allied South remains one of the most vexing security concerns for ...

The country of North Korea, officially known as the Democratic People's Republic of Korea (DPRK), has an isolated and tightly controlled command economy, which is a standard component of any ...

North Korea's Command Economy . North Korea ranks as the least economically free country in the Heritage Foundation's 2023 Index of Economic Freedom.

Paek H.O, who defected from the northeastern North Korean town of Musan in 2018, speaks in front of U.S. dollar and Chinese yuan notes during an interview in Seoul, South Korea, on May 3, 2023.

Today, North Korea’s secretive dictator oversees an isolated society and command economy, portraying himself as the benevolent protector of a nation under siege from hostile foreign powers.

Now, having secured Chinese and Russian money, the North Korean government has made a full U-turn, reviving the command economy model and further building its surveillance state. Although this ...

North Korea's economy grew sharply in 2023 after shrinking for three straight years as trade with China increased after COVID-19 pandemic border controls were eased, according to estimates by ...

North Korea said it had test-launched new anti-aircraft missiles, as its military threatened unspecified grave steps against the U.S. and South Korea over their joint military drills.

The country of North Korea, officially known as the Democratic People's Republic of Korea (DPRK), has an isolated and tightly controlled command economy, which is a standard component of any ...

Paek H.O, who defected from the northeastern North Korean town of Musan in 2018, speaks in front of U.S. dollar and Chinese yuan notes during an interview in Seoul, South Korea, on May 3, 2023.

'Dollarization' of North Korean economy, ... “He has no other choice but to strengthen the command economy as he’s been locked in confrontations with the U.S. while maintaining a border ...