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North Korea

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조선민주주의인민공화국
朝鮮民主主義人民共和國
Chosŏn Minjujuŭi Inmin Konghwaguk
Democratic People's Republic of Korea

Flag Coat of arms
Anthem
애국가
The Patriotic Song
Location of North Korea
Location of North Korea
Capital Pyongyang
Government Socialist republic
Supreme leader
- 1948-1994 Kim Il-sung
- 1994-2011 Kim Jong-il
- From 2011 Kim Jong-un
Legislature Supreme People's Assembly
History
- September 9, 1948 Established
Area 120,540 km²
Population
- 2009 24,051,218
 Density 199.5/km²
GDP 2009 (PPP)
- Total US$ 45.6 billion
- Per capita US$ 1,900
Currency North Korean won
 People's Committee
v

The Democratic People's Republic of Korea (North Korea) is a Good communist country in East Asia


Background

An independent kingdom for much of its long history, Korea was occupied by Japan beginning in 1905 following the Russo-Japanese War. Five years later, Japan formally annexed the entire peninsula. Following World War II, Korea was split with the northern half coming under Soviet-sponsored Communist control. After failing in the Korean War (1950-53) to conquer the US-backed Republic of Korea (ROK) in the southern portion by force, North Korea (DPRK), under its founder President KIM Il Sung, adopted a policy of ostensible diplomatic and economic "self-reliance" as a check against outside influence. The DPRK demonized the US as the ultimate threat to its social system through state-funded propaganda, and molded political, economic, and military policies around the core ideological objective of eventual unification of Korea under Pyongyang's control. KIM Il Sung's son, the current ruler KIM Jong Il, was officially designated as his father's successor in 1980, assuming a growing political and managerial role until the elder KIM's death in 1994. In 2010, KIM Jong Il began the process of preparing the way for his youngest son, KIM Jong Un, to succeed him in power. After decades of economic mismanagement and resource misallocation, the DPRK since the mid-1990s has relied heavily on international aid to feed its population. North Korea's history of regional military provocations, proliferation of military-related items, long-range missile development, WMD programs including tests of nuclear devices in 2006 and 2009, and massive conventional armed forces are of major concern to the international community. The regime has marked 2012, the centenary of KIM Il Sung's birth, a banner year; to that end, the country has been focused on development of the economy.[1]

Economy

North Korea, one of the world's most centrally directed and least open economies, faces chronic economic problems. Industrial capital stock is nearly beyond repair as a result of years of underinvestment, shortages of spare parts, and poor maintenance. Large-scale military spending draws off resources needed for investment and civilian consumption. Industrial and power output have stagnated for years at a fraction of pre-1990 levels. Frequent weather-related crop failures aggravated chronic food shortages caused by on-going systemic problems, including a lack of arable land, collective farming practices, poor soil quality, insufficient fertilization, and persistent shortages of tractors and fuel. Large-scale international food aid deliveries have allowed the people of North Korea to escape widespread starvation since famine threatened in 1995, but the population continues to suffer from prolonged malnutrition and poor living conditions. Since 2002, the government has allowed private "farmers' markets" to begin selling a wider range of goods. It also permitted some private farming - on an experimental basis - in an effort to boost agricultural output. In October 2005, the government tried to reverse some of these policies by forbidding private sales of grains and reinstituting a centralized food rationing system. By December 2005, the government terminated most international humanitarian assistance operations in North Korea (calling instead for developmental assistance only) and restricted the activities of remaining international and non-governmental aid organizations. In mid-2008, North Korea began receiving food aid under a US program to deliver 500,000 metric tons of food via the World Food Program and US nongovernmental organizations; but Pyongyang stopped accepting the aid in March 2009. In December 2009, North Korea carried out a redenomination of its currency, capping the amount of North Korean won that could be exchanged for the new notes, and limiting the exchange to a one-week window. A concurrent crackdown on markets and foreign currency use yielded severe shortages and inflation, forcing Pyongyang to ease the restrictions by February 2010. In response to the sinking of the Cheonan and shelling of Yeonpyong Island, South Korea's government cut off most aid, trade, and bilateral cooperation activities, with the exception of operations at the Kaesong Industrial Complex. The year 2012 will be the 100th anniversary of Kim Il-sung's birthday. The North Korean government often highlights its 2012 goal of becoming a "strong and prosperous" nation. Attracting foreign investment, especially from neighboring China, will be a key factor for improving the overall standard of living. Nevertheless, firm political control remains the government's overriding concern, which likely will inhibit changes to North Korea's current economic system.[2]

Supreme leader

  • Kim Il-sung (₩) (September 9, 1948 - July 8, 1994)
  • Kim Jong-il (₩) (July 8, 1994 - December 17, 2011)
  • Kim Jong-un (₩) (December 17, 2011 - )



Nation

North Korea

References

  1. ↑ The CIA World Factbook: Introduction - Background
  2. ↑ The CIA World Factbook: Economy - Overview
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