Aiming to discuss the changes in North Korea's economic strategies and policies, and the reasons why North Korea suddenly resumed trade with China in March 2021, this article is largely composed of two parts. The second section introduces the debate between South Ko-rean economists about North...

Scholars studying the North Korean economy say that North Korea (NK) faces three difficulties by the end of 2020: sanctions against NK, Covid19, and flood damage. There are four ways to gauge the economic situation in North Korea: trade data, international reporting, prices, and North Korean...