US Expert: "North Korean Economy Likely at Its Best Since Kim Jong Un Took Power"
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Recent analysis among experts in the United States suggests that North Korea's economic situation is experiencing its best period since Chairman Kim Jong Un took power. This opinion, which posits that North Korea's economic growth rate may be higher than the figures estimated by the South Korean government, is drawing attention from the international community.
Troy Stangarone, senior director at the Korea Economic Institute of America, raised the possibility that North Korea has achieved significant economic growth in recent years. He explained that while it is difficult to verify exact figures due to the lack of transparency in North Korea's internal statistics, current economic indicators are moving in a more positive direction than in the past.
Some experts analyze that North Korea is finding economic breakthroughs by strengthening cooperation with Russia. They suggest that moves are being detected to secure resources from the outside through arms deals or resource exchanges, and to use these as a basis to revitalize the internal economy.
On the other hand, questions are still being raised as to whether this growth is leading to an improvement in the quality of life for the North Korean population as a whole. Experts point out that it is highly likely that North Korea's economic growth is focused primarily on securing resources for strengthening military power or maintaining the regime.
In conclusion, external assessments of North Korea's economic situation are mixed. Continued observation is needed to see how North Korea will manage its economy amidst international sanctions and what impact these changes will have on the situation on the Korean Peninsula.
Sources: 매일경제
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