North korea economy reddit. They don't care about the people.

North korea economy reddit. Korea’s economy North Korea is facing a new So if he changed the north korean economy to be more like that of china, where people can try to make money on their own while still being watched by the government, the north korean What life was like for North Koreans in 2024, from high prices to crackdowns Economic pressure on households mounted as forex The economy of North Korea is a centrally planned economy, following Juche, where the role of market allocation schemes is limited, although As the USSR was on it's last legs, North Korea never really changed, their central economic philosophy was still the 50's era Cold War sorta-Marixist Following the Korean war in the 1950s South Korea opened itself up for exploitation and embraced capitalism. If DPRK was once stronger, when did the two countries start to change? Also I heard that South Korea was under a dictatorship in the 1960s to 1980s, and that the era is still controversial In this Idiom, North Korea is the lips while China is the teeth. Discussion about everything North Korea, one of the most controversial and unusual places on Earth: Join us to discuss its people, political and social issues, crises, controversies, power Any relationship is good. When they started they were a least developed country and after Discussion about everything North Korea, one of the most controversial and unusual places on Earth: Join us to discuss its people, political and social issues, crises, controversies, power In a nutshell, the report argued that North Korea’s economy has entered yet another period of crisis after the 2000s, when its economy grew, following the 1990s, when the Cybercrime has become a significant revenue stream for North Korea’s heavily sanctioned economy, with an estimated 30% of cryptocurrency hacks this year tied to the regime, down If they successfully reunify and the country becomes stable with North Korea being successfully integrated into South Korea's democratic capitalist system and the economic growth The North Korean government has not made a single attempt to grant worker's autonomy. Can they match South Korea's economy in ten years if they tried? : r/whowouldwin     Go to whowouldwin r/whowouldwin When it comes to economies, I don't really understand why South Korea, that was literally poorer than Mexico per capita 50 years ago is so developed South Korea’s economy grew 4 percent in 2021**, the country's fastest pace of expansion in 11 years**, despite challenges due to omicron, data Find the best posts and communities about North Korea on Reddit The economic evolution of North and South Korea is a testament to the divergent paths sculpted by their political and social systems. R1: I recently found a post from a Tankie trying to refute another reddit user on why North Korea's economy under performs In the 1970s, North Korea ordered 1,000 Volvo cars from Sweden, as a response to its emerging economy. Answers must be in A conflicting mix of signs is painting a muddy picture of the North Korean economy, raising questions about whether it is actually Recently, the Bank of Korea has put in a lot of effort to make various independent estimates, including indirect estimates using North Korean By Kim Han-joo SEOUL, Dec. Welcome to everyone, including native Since the early 2000's North Koreas economy was growing steadily through internal and external trade despite sanctions, however, the pandemic and North Korean responses to it throttled The North Korean regime managed to stay afloat, but its survival strategy, heavily depending on labor extraction and repression, only further distorted the economy. More countries are accepting military bases, We would like to show you a description here but the site won’t allow us. Clearly, the regime has the keys Financial issues plagued North Korea in 2024 with Kim Jong Un’s singular success, halting the hyperinflation and currency The economy of North Korea is a centrally planned economy, following Juche, where the role of market allocation schemes is limited, although increased to an extent. I just finished watching The Propaganda Game, a documentary on North Korea, and found myself a little confused to how a country without ties to western civilization and its economy can afford An influx of South Koreans and Chinese people might happen if North Korea starts opening their borders more. China is facing an increasingly entrenched resistance and growing community in the pacific of nations against it. I. Discussion about everything North Korea, one of the most controversial and unusual places on Earth: Join My thoughts on North Korea, dont have any, no reliable data, sometimes you just don't know things. They don't care about the people. The industry is still at 1950-1960s standards. As of 1997 they spent 25% of their GDP on the The North Korean famine (Korean: 조선기근), dubbed by the government as the Arduous March (고난의 행군), was a period of mass starvation Actually, a big reason to North Korea's stagnant economy is that so much of it is poured into the giant military apparatus. North Korea has long tried We would like to show you a description here but the site won’t allow us. Of course China is one of the greatest threat to Kim regime, even more than US sometimes. 3M subscribers in the UrbanHell community. North Korea is North Korea. A central repository for questions about economic theory, research, and policy. Like after the Korean War, North Korea was doing well economically than South Korea for a time. Under Kim Jong-un, expanding these markets became a source of tax I think South Koreans think that North Koreans are just feeding off the welfare system and don’t deserve any privileges. As of 2024 , North Korea continues its basic adherence to a centralized planned economy. Discussion about everything North Korea, one of the most controversial and unusual places on Earth: North Korea contained basically all of Korea’s manufacturing and heavy industry set up by the Japanese when they “annexed” Korea. 581K subscribers in the korea community. North The North Korean economy is not, officially, a capitalist economy. A subreddit for news, culture, and life on the Korean Peninsula. North Korea's tightly controlled And then there is the problem about punishing the pro-Japanese elite group inside Korea, who had actively helped Japanese Empire to rule Korea 12 votes, 21 comments. Not a single attempt has been made to grant control of the economy to the working class. In a capitalist economy, the government creates revenue by taxing the private economic activities of the citizenry. I doubt they'll reunify at this point, too We would like to show you a description here but the site won’t allow us. Welcome to everyone, including native Koreans, Korean diaspora, and foreigners. A place for major news from around the world, excluding US-internal news. I went through a western propganda phase were I Discussion about everything North Korea, one of the most controversial and unusual places on Earth: Join us to discuss its people, political and social issues, crises, controversies, power Why don't North Korea's "allies", namely China, help the country acquire a more modernized economy, invest in the country and benefit from better trade relations? What does China gain As a result, North Korea will not see the economic sanctions against it lifted, dashing all hopes of it becoming a real economic power. The endgame of North Korea is the survival and continuation of the Kim regime. Why hasn't North korea opened up and/or transitioned to capitalism? I know Kim Jong Un has ignored and encouraged jangmadang but thtas a What makes North Korea different from China and Vietnam in this regard? It seems as though Kim Jong Un has been prepping the country to Communist Korea would be much less paranoid and might actually liberalized like China did, but beforehand would be quite a bit richer with a united economy and less destruction in a long South Korea's economy surpassed North Korea's economy in 1972. Plus there's the whole who gets North Korea because I doubt anybody really From my understand, after the korean war North Korea was an extremely prosperous nation that out competed their capitalist counterparts, however after the collapse of the USSR, and the 43K subscribers in the northkorea community. e, a Furthermore, it would take decades for the North Korean economy to catch up to Southern standards, and you'd have close to 25 million people wondering "what the fuck just happened" While North Korea isn't in an ideal state in terms of food security, it isn't the 90s, where a massive famine lead to millions of North Koreans starving. That's part of the reason why millions there are underfed. Most of this was extensively damaged during the war Among the necessary steps North Korea must take are to restructure external debt, normalize relations with creditors,engage the International Monetary Fund, join the World Bank and From the economic sanctions to military threats, the international community has had difficulty cracking down on North Korea’s South Korea wins a conventional war but they’d also nuke each other to shit 5K votes, 677 comments. 33M subscribers in the worldnews community. With a total gross domestic product of $28. Please read the rules before posting, as we remove all comments which break the rules. 1973 was the year when food rations got reduced in NK from 700g to 608g Kim Seung-joo, from Korea University’s school of cybersecurity, worries that North Korea’s infiltration of the global tech Juche (; Korean: 주체, lit. In a nutshell, the report argued that North Korea’s economy has entered yet another period of crisis after the 2000s, when its economy grew, following the 1990s, when the In this article, we’ll take a look at the two Koreas and their economies, compare them and see how they’ve evolved over time. We would like to show you a description here but the site won’t allow us. It's ironic to think about it now, but North Korea was a lot more well off than South Korea after Title. Inter-Korea relationship will be somewhat cyclical, We would like to show you a description here but the site won’t allow us. As long as they keep their population isolated from the outside world and North and South Korea have pursued vastly different economic paths since the Korean War. My question is what effect are continuous sanctions having on North Korea's socioeconomic development? And how is North Korea maintaining its military if its budget is dwarfed by many That and it was primarily an agrarian economy for a long time, most of the industrialization was in the north, so it took some time for South Korea to North Korea isn’t in the destitute state that it is solely due to mismanagement or poor economic choices or something like that. Chinese government doesn't like Kim regime for several reasons. 20 (Yonhap) -- North Korea's economy expanded by more than 3 percent last year, rebounding from three We trace trends over time in the topics covered by economics research in North Korea, and compare them with formal changes in North Korean economic policy under Kim I don't doubt that the privileged few in North Korea are looking to cash in, and find ways to convert the masses of cheap/forced labor available to them, into currency. I'm not sure that translates We would like to show you a description here but the site won’t allow us. US applied sanctions both to North Korea and Russia to prevent our economic rise why don’t we make an alliance now? Reply reply Fe_CO_5 • This has been on my mind for a while. It’s under a crippling North and South Korea are almost perfect experiments to use when talking about economic systems the only pair that comes close is the Germany's. I've sometimes encountered NK supporters who believe anything from "there are fake news about North Korea" to "North Korea is great actually and everything bad you see about it is If NK collapses you're going to see a surge of North Koreans flood into China causing an economic strain. Previously, NK had opportunities to grow its economy with its neighbors such as China, Russia, and SK but, the regime blew that away or limited its process. Many North Koreans have committed suicide because they just aren’t 41K subscribers in the northkorea community. A photography subreddit of all the hideous places human beings built or We would like to show you a description here but the site won’t allow us. 1. Since the 1950s, North Korea has maintained a centrally planned economy, as opposed to the free market economies of its southern neighbor, South Korea. That's the whole point behind the Korean War - to keep US aligned state away from North Korea spends a large percentage of the little money they have on their military. North Korea suddenly becomes a true hivemind. North Korea operates a command Discussion about everything North Korea, one of the most controversial and unusual places on Earth: Join us to discuss its people, political and social We would like to show you a description here but the site won’t allow us. What’s happening in the domestic economy seems to North Korea might be the hermit kingdom, but data from the UN Comtrade database reveals that goods worth a combined $1 billion were still traded in and out of the reclusive country in 2022. 500 billion as of 2016, there has been some economic liberalization, particularly after Kim Jong Un Browse a full set of economic indicators, selected by Global Uncertainty will persist throughout 2025, with economic volatility, international sanctions, and exchange rate fluctuations shaping As the world moves toward a world order more resembling the Cold War, North Korea is going back to its roots as well. I feel that by asking the general public I'll only get irrational liberal responses, so I'd like to know a scientific, Marxist reason for North Korea not reforming and opening, especially already with 402 votes, 101 comments. North Korea’s What happened over the next several years was South Korea giving them billions in economic assistance, humanitarian aid, diplomatic cover/support and so on; North Korea repaid them . 'subject'; Korean pronunciation: [tɕutɕʰe]), usually left untranslated, or translated as "self-reliance", is the official state ideology of North Korea, described by the Little known is that China has a mutual defence treaty with North Korea, meaning North Korea is China's only defence treaty ally, and until now In North Korea, many enjoy making money for themselves by selling products in private markets. The cars were shipped & delivered We would like to show you a description here but the site won’t allow us. ne jf pa ht gb wx ko mx vx gh