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The Economy of North Korea Can Best Be Described as

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4 in China the Norths main ally and economic lifeline. North Korea one of the worlds most centrally directed and least open economies faces chronic economic problems. South V North Korea How Do The Two Countries Compare Visualised North Korea North Korea History South Korea What North Koreas Economy Looks Like. . Michael Schuman Sept. The economy of India can best be described as. After the Korean War up until the 1970s the countys GDP per capita was equal with that of South Korea but in the 1990s and part of the 21st century its per capita GDP has been less than 2000. Recent reports have indicated that there may even be widespread malnutrition and starvation in North Korea. The Chinese do seem in recent months to have upped their efforts on sanctions against North Korea. Economy of North Korea. Some experts say North Korea could dramatically escalate weapons demonstrations after the Winter Olympics which ...