Category Archives: Pyongyang

Korea Democratic Republic of, Pyongyang – Cost of Living

The economy of North Korea is an industrialised, highly centralized command economy. The role of market allocation is sharply limited – mainly in the rural sector where peasants sell produce from small private plots. There are almost no small businesses. … Continue reading

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Korea Democratic Republic of, Pyongyang Cost of Living January 2010

LOCATION: Democratic Republic of Korea is in Eastern Asia, in the northern half of the Korean Peninsula bordering the Korea Bay and the Sea of Japan, between China and South Korea. CAPITAL CITY: Pyongyang LARGEST CITY: Pyongyang CURRENCY: North Korean … Continue reading

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