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North Korea's foreign trade deteriorated in the 1990s. After hitting the bottom of $1.4 billion in 1998, it recovered slightly. North Korea's trade total in 2002 was $2.7 billion: only about 50% of $5.2 billion in 1988, even in nominal US dollars. These figures exclude intra-Korean trade, deemed internal, which rose in 2002 to $641 million.
Despite these reforms, North Korea remained committed to its socialist principles, particularly the pursuit of self-sufficiency. [3] The collapse of the Soviet Union in the 1990s necessitated a loosening of central control, as resource shortages compelled the government to grant more autonomy to lower units and individuals.
Without help from these countries, North Korea was unable to respond adequately to the coming famine. For a time, China filled the gap left by the Soviet Union's collapse and propped up North Korea's food supply with significant aid. [24] By 1993, China was supplying North Korea with 77 percent of its fuel imports and 68 percent of its food ...
Experts suggest the North Korean leader is more interested in gaining cutting-edge technology for its space and nuclear programmes and more firepower to threaten South Korea, its number one enemy ...
North Korea blames the dire humanitarian situation on U.N. sanctions imposed for its nuclear and ballistic missile programs since 2006. The report said officials extorted money from a population ...
The footage shows North Koreans living in fear and squalor (even forced to collect their own feces to turn over to the government for fertilizer), children marching out of school to watch public ...
The North Korean government, therefore, does collect revenue, in a manner which has been compared to a taxation system by international observers. However, inside North Korea the word "tax" is not used, and the term for state revenue has been variously translated as "socialist income accounting", "socialist economic management income", and in ...
She said her government will stand by Russia until it prevails in Ukraine, calling it a “holy war,” and accused South Korea and the United States of planning a nuclear attack on North Korea.