
Economics
What do we know about poverty in North Korea?
J. C. Cuaresma, O. Danylo, et al.
This groundbreaking study reveals alarming estimates of absolute poverty rates in North Korea, suggesting nearly 60% of the population may live in extreme poverty as of 2018. Using innovative remote-sensed night-time light intensity data, researchers have uncovered critical shifts in income dynamics from 2012 to 2018. The analysis, conducted by Jesús Crespo Cuaresma, Olha Danylo, Steffen Fritz, Martin Hofer, Homi Kharas, and Juan Carlos Laso Bayas, challenges previous perceptions of North Korea's economic landscape.
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