North Korea
North Korea, 11 April 2022
Dr. Ziva Rozen-Bakher’s Academic Blog on Foreign Direct Investment (FDI) and International Trade: Opportunities versus Risks
Dr. Ziva Rozen-Bakher - Researcher in International Business with a focus on Risks
In this blog, I focus each time on Foreign Direct Investment (FDI) and International Trade in a certain country or territory in terms of how Location Factors (Political, Economic, Technological, Ecological, Legal and Cultural) and Entry Modes (e.g. M&As, Export and Greenfield) impact the attractiveness - or vice versa - the risks of FDI and International Trade in the specific country or territory. Still, keep in mind that each risk may lead to an opportunity for resolving problems via suitable FDI and International Trade, while each opportunity for FDI and International Trade may involve risks.
Political Risks: Regime Transformation, Political Instability, Wars, Conflicts, Geopolitical Conflicts, Sanctions, Global Terror, Regional Crises, and Global Crises.
Economic Risks: Economic Instability, Restrictions on FDI and International Trade, Impact of FDI on Labour Markets; International Trade Agreements and Trade Wars
Strategic Risks: Strategic Risks in M&As, Integration in M&As, Cultural Distance, Cultural Openness, Labour Unions in M&As
North Korea - Foreign Direct Investment and International Trade
North Korea
Capital: Pyongyang
Population: 25,778,815 (World Bank, 2020)
GDP per capita, PPP: $ 1,700 est. (CIA, 2015)
GNI per capita, Atlas Method: Missing Data
Pyongyang, North Korea
Main Religion: State Atheism (Majority-no religion)
Key Figures of FDI and International Trade
Foreign direct investment, net inflows (BoP, current US$): $6.34 (Millions) (2020)
Foreign direct investment, net outflows (BoP, current US$): Missing Data (Millions)
Exports of goods and services (BoP, current US$): Missing Data (Millions)
Imports of goods and services (BoP, current US$): Missing Data (Millions) (2020)
Source: World Bank
Information and Data on FDI and International Trade
Note, there is a lack of information and data on FDI and International trade in North Korea via the regular sources of the blog and even via other sources, still, the massive investment of North Korea in advanced military projects, as well as in infrastructure projects and urbanization, especially in the capital, Pyongyang, signals that the GDP and GNI of North Korea have improved significantly over the last decade, which could be done via foreign aid like from the patronage of North Korea, China, alongside from the remittance of North Korea workers abroad, but mainly via FDI Inward, FDI Outward, and export, yet likely informally from the viewpoint of the international community, still, likely formally from the viewpoint of North Korea yet mostly with non-West countries that willing to trade and conduct FDI with North Korea because of the sanctions that have imposed on North Korea by the West over many years until today, nonetheless, keep in mind that goods and products of North Korea could reach other countries via a middle trade of third countries. Hence, my assumption is that the scope of FDI and International Trade of North Korea is much higher than the common view of the international community. ZRB.
How did the Kim dynasty design Pyongyang? - YouTube
Pyongyang Science and Technology Complex 과학기술전당 - YouTube
They Design the Future - Architecture in DPR Korea - YouTube
Pyongyang Metro EXPLAINED | North Korea's Metro Network - YouTube
North Korea Military Strength 2020/- How Powerful is North-Korea? - YouTube
North Korea Military Power 2022 | How Powerful is North Korea? - YouTube
Macro Data
General Information and Political Information
Korea, North - The World Factbook (cia.gov)
Research Papers and Research Books
Nuclear North Korea (degruyter.com)
Informal Trade along the China–North Korea Border
Everyday Authoritarianism in North Korea: Europe-Asia Studies: Vol 73, No 2 (tandfonline.com)
North Korea in the 21st Century: An Interpretative Guide - J.E. Hoare, Susan Pares - Google Books
North Korea and the Geopolitics of Development - Kevin Gray, Jong-Woon Lee - Google Books
Border resident perceptions of sanctions and tourism: A case study of North Korea - ScienceDirect
Kim Jong Un and the Bomb: Survival and Deterrence in North Korea - Ankit Panda - Google Books
Perceiving North Korea through Chinese tourists’ eyes | Emerald Insight
Alternative futures for North Korea economy: From the North Korean perspectives - ScienceDirect
Fishing in North Korea, A History and A Geography | SpringerLink
Public Policy and Politics via Documentaries and in-Depth TV News Programs
Keep in mind that Documentaries and in-Depth TV News programs usually reflect a certain viewpoint. ZRB
North Korea Military Strength 2020/- How Powerful is North-Korea? - YouTube
North Korea Military Power 2022 | How Powerful is North Korea? - YouTube
The Great Game (Full Episode) | Inside North Korea - YouTube
How does North Korea finance a nuclear weapons program? | DW Documentary - YouTube
'Spectacular' explosion of North Korea nuclear test site - YouTube
North Korea's leader oversees latest missile test - YouTube
Important History Events
Why History? History shapes the present and future and even may repeat itself. ZRB
Monuments in History | Political Portraiture in North Korea | Mary Gin (taylorfrancis.com)
Other Issues
Issues that may have indirect effects or long-run effects either on opportunities or risks of FDI and International Trade. ZRB
The geology of North Korea: An overview - ScienceDirect
The Real Story Behind Maternal Health of North Korea - Seung Jin Oh, Jungjin Han, 2022 (sagepub.com)
Traditional Costume
Dr. Rozen-Bakher’s Academic Blog on Foreign Direct Investment (FDI) and International Trade
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