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Estimating gross national product in North Korea is a difficult task because of a lack of economic data [41] and the problem of choosing an appropriate rate of exchange for the North Korean won, the nonconvertible North Korean currency. The South Korean government's estimate placed North Korea's GNP in 1991 at US$22.9 billion, or US$1,038 per ...
The Democratic People's Republic of Korea passport (Korean: 조선민주주의인민공화국 려권), commonly referred to as the North Korean passport, is the passport which may be issued to North Korean citizens for international travel. Since the majority of North Koreans do not get opportunities to leave the country, due to foreign ...
The KOSPI 200 (Korean: 코스피 200) is a subset of the KOSPI. It tends to be used to indicate the performance of the Korean stock market. It covers about 93 percent of the KOSPI's market value, including the top 200 companies listed on the Korea Stock Exchange. [1] The KOSPI has a little fewer than 1,000, and KOSPI 200 has 200 components. [1]
The Korea Composite Stock Price Index or KOSPI (Korean: 한국종합주가지수) is the index of all common stocks traded on the Stock Market Division—previously, Korea Stock Exchange—of the Korea Exchange. It is the representative stock market index of South Korea, analogous to the S&P 500 in the United States.
The Passport Index is an interactive online tool by Arton Capital that provides its users with insights about passports, including the ability to compare and rank the world's passports. Rankings are based on the freedom of movement and visa-free travel open to holders of particular passports.
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From 1994 to 1998, North Korea suffered from a famine that resulted in the deaths of between 0.24 and 3.5 million people, and the country continues to struggle with food production. [5] North Korea follows Songun, or "military-first" policy. [6]
Additionally, enterprises were given greater flexibility in managing residual revenue and making investments, reflecting a partial embrace of market mechanisms. [5] In 2020 North Korea halted its economic reforms that were seen as a risky gambit to unleash market forces, and the government shifted back its focus towards more central planning ...