Question

what are some economic issues of North Korea?

Answer 1

In a short text, we are going to write about some economic problems of North Korea.

¿What are some economic issues of North Korea?

North Korea's economic problems are many.

Two factors have been decisive:

1. The resounding failure of the monetary reform approved on November 30, 2009.
2. Seoul's decision to suspend economic and trade relations with the North after the sinking of the South Korean ship "Cheonan" on March 26.

The South Korean Korea Development Institute (KDI) predicts that the North's economy will continue to decline in 2010, also driven by internal political conflicts in the midst of the process of dynastic succession to the regime.

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