State-run stores are selling twice as much grain this month at lower prices, pushing down market rates, while trade permit ...

“‘Confiscation without compensation and distribution without charge’ in North Korea’s land reform was successful, while ‘purchase with compensation and distribution with charge’ in South Korea’s ...

Growing revenues from trade with Russia and cybercrime and tightening state control are giving Kim Jong-un more economic and ...

For decades, the black market economy has been a lifeline for North Korean citizens. It enabled them to trade goods and services in ways that both ensured their survival while offering some a chance ...