Six-nation talks on North Korea’s nuclear program ground to a halt last week, when officials froze $25 million in bank funds. Experts believe the Macau-based accounts serve as a lynchpin for Pyongyang’s official and underground economic activities. From ginseng exports to counterfeit cigarettes, we explore North Korea’s economy.

Guests

  • Marcus Noland Senior Fellow, Peter G. Peterson Institute for International Economics; Visiting Professor, Yale University; co-author, “Famine in North Korea: Markets, Aid, and Reform” (Columbia University Press)

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