From the book
- Phillip H. Park, History of Economic Management in North Korea, Routledge, London & New York 2025 -> https://1lib.sk/book/116565577/4da96d/history-of-economic-management-in-north-korea-from-planned-economy-to-socialist-enterprise-system.html
and from:
- https://www.northkoreaintheworld.org/china-dprk/total-trade
- https://www.38north.org/2020/02/dwertz022520/
- (Direct citation of the image) https://japannews.yomiuri.co.jp/world/asia-pacific/20240614-192064/
If anyone is interested in the economic side of the DPRK, give this book a try!
More of the book:
This book seeks to understand how the economic construction of the Democratic People’s Republic of Korea (DPRK) evolved, shaped by the formulation and execution of various economic management systems spanning the years 1949 to 2023, in response to numerous challenges faced by the country.
Split into four chapters, Park charts the developmental phases of the DPRK economy under Kim Il Sung, Kim Jong Il, and current leader Kim Jung Un. He carefully cross-examines sources from within the DPRK, including the Complete Works of Kim Il Sung, Selected Works of Kim Jong Il, the Rodong Shinmun, and the Chosun Central Yearbook. Where related literature relies on testimonies and interviews of defectors, this book offers a novel and comprehensive analysis of sources taken from North Korea, furnishing readers with new insights into the DPRK’s economic management and construction policies.
With its novel approach, this book will be of interest to researchers and advanced undergraduates of Korean history, Korean studies, and economic history.
Phillip H. Park is a professor of Political Science and Diplomacy at Kyungnam University in the Republic of Korea. He is the author of four books written in Korean and four in English. Seven of his works delve into the intricacies of the DPRK, while one offers a profound analysis of the history of neutral states and its relevance to the Republic of Korea. Phillip has also written numerous articles on Northeast Asia and the DPRK, in both Korean and English.
Global trade dropped by ~15-20%. This is an ~80% drop. Why did it drop so much more than other countries?
The book has the answer.
@TankieTanuki [he/him] It completely closed its borders. Basically no trade happened at all. Which is part of the reason that covid was so limited in the DPRK and they claim (by all appearances, truthfully) to have controlled it within a matter of a couple months following the first confirmed case in the country.
Most other countries did not completely cut themselves off.