NK Economy Shrinks 1.1% in 2006

Korea Times Na Jeong-ju 8/16/2007 North Korea’s economy posted negative growth in 2006 for the first time in eight years on decreased production of agricultural and fisheries goods, the Bank of Korea (BOK) said Thursday. In its estimate for the North’s economic growth, the central bank said the North’s real gross domestic product (GDP) shrank … Continue reading NK Economy Shrinks 1.1% in 2006