OECD Economics Department Working Papers

North Korea: The last transition economy?

DOI:https://doi.org/10.1787/82dee315-en

The North Korean economy has been a statistical black hole for decades but is undergoing substantial transformations. Rapid post-war industrialisation was not sustained beyond the mid-1960s and South Korea’s economy far outpaced North Korea’s during the next three decades, during which trend...



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