The state of the North Korean economy might surprise you
North Korea is an incredibly poor country. The secretive, one-party state’s disastrous handling of its economy has left the majority of the country’s 25 million people destitute. Incompetent central planning and the elimination of markets has led to a GDP per capita of less than $2,000, among the lowest in the world. Yet, there are signs that the North Korean economy is improving. Even in the face
South Korea birth rate plunges to record low
The country has spent billions trying to encourage people to have more children The growth of South Korea's population this year will be the slowest rate ever recorded, despite efforts to boost it, officials say. About 360,000 babies will be born, leading to concern over the effect of an ageing population on the economy.
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