Since the establishment of DPRK, North Korea in 1948, the regime has obsessed in economic competition with South Korea, until its failure after 2 decades.
Nowadays the ratio of Gross Domestic Product (GDP, a monetary measure of the market value of all final goods and services produced in a period of time within a country) between North and South Korea is around 1 : 20.
At the time when East and West Germany was unified, the economic ratio was merely 1 : 8, which raises the question for a proper solution to shrink the gap before the ultimate unification of Korea.
The purpose of this blog is to collect and share information about the present business environment and possible future business opportunities in North Korea.
Travelling to North Korea and doing business in North Korea is currently prohibited, however a new market and business opportunities will open up in North Korea after Unification or fundamental changes in North Korea's policy and attitude toward the world for attracting foreign investors and tourists.
Sunday, November 26, 2017
Economic Comparison: North VS South Korea
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