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  • KDI Review of the North Korean Economy, September 2020
  • Date September 28, 2020
  • Language Korean
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KDI Review of the North Korean Economy for September features and one trend analysis. This new section, , presents experts’ insights and research accomplishments regarding various aspects of the North Korean Economy in the format of an interview.

As its first theme, focuses on ‘North Korean Statistics and North Korean Economy Studies,’ one of the most mysterious and intriguing topics in the studies of the North Korean economy from the outside perspective. When it comes to the studies on the North Korean economy, people often ask. How are such researches conducted by the outside world? Are North Korea’s own statistics reliable? What are the statistics on the North Korean economy released by South Korea and other organizations around the world? Still, so many questions are left answered, and it made KDI's Office of the North Korean Economic Studies to talk about questions about North Korea's statistics and what it means to its studies on the occasion of the launch of the new series, .

The author of 'North Korea's Technical Response to Covid-19' examined the North Korean authority’s efforts to overcome the disease, using its official reports and internal data compiled by the Emergency Anti-epidemic Headquarters. This analysis examines North Korean authorities' understanding of the disease, its health authorities' preemptive measures to block the influx of the virus, and the current status of infected people in North Korea. This article also reviews technical responses to block the spread, such as quarantine measures, production of quarantine supplies, development of preventive drugs, and patient treatments, and then it attempts to predict North Korea’s future response to the disease.
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Office of Global Economy
Providing Economic Forecast and Macroeconomic Policy Direction, the Groundwork for a Brighter Future

The Department of Macroeconomics is conducting researches on the macro economy and macroeconomic policy, particularly focusing on suggesting the analysis of macroeconomic trends and current status of the economy at home and abroad, the economic forecast, and the policy direction of the macro economy. The Department is also in charge of establishing, sustaining and maintaining various econometric models, based on which it analyses policy effects and develops a long-term economic forecast.

Main Tasks
  • Economic trend analysis, short- and long-term forecast
  • Policy study on macroeconomic management
  • Basic structural analysis on macroeconomic areas
  • Maintenance of multi-sectoral dynamic macroeconomic model
Department of Macroeconomic Policy
  • LEE. Tae Suk

    Director, Division of Analysis and Evaluation

    82-044-550-4725
  • CHO, Byungkoo On leave

    Director and Vice President, Department of North Korean Economy

    82-044-550-4725
  • LEE, Jongkyu

    Fellow

    82-044-550-4725
  • WEE, Hyeseung Dispatched

    Research Associate

    82-044-550-4725
  • NAM, Jinwook On leave

    Specialist

    82-044-550-4725
  • KIM, Seulki

    Research Associate

    82-044-550-4725
  • CHUN, Eunkyung

    Research Associate

    82-044-550-4725
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