North Korea’s External Economic Relations, 1990–2016
Keyword(s):
This chapter considers a variety of indicators on the nature of North Korea’s external economic relations, including its direction and composition of trade. These data suggest why coordination problems around sanctions and engagement have proven so difficult, as China has come to account for an increasing share of North Korea’s trade. The chapter provides a balance-of-payments accounting of the country and demonstrates how the regime has been able to adjust to sanctions through illicit activities and securing external forces of foreign exchange, including capital inflows, despite its ambivalent posture toward foreign investors.
Keyword(s):
2021 ◽
Vol 2
(2)
◽
pp. 149-156
Keyword(s):
Keyword(s):