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GLOBAL ECONOMICS

North Korea

28 January 2013GDP grew just 1% in 2012, with food shortages raising inflation; farm liberalisation could lift growth but arms programme limits investment and deepens international isolation
25 July 2012Industrial decline and food shortages prompt new leaders to seek China trade expansion linked to agricultural reform, but challenge to army powers could lead to power struggle
17 November 2011GDP fell 0.5% in 2010 on energy shortages, weather problems and sanctions, but improving external relations may help slow growth to resume in 2011-12
4 October 2010H1 trade rise points to limited recovery after late-2009 currency reform setback, but political future unclear as president’s youngest son lacks military status and public recognition
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