Among the many changes and outside views infiltrating North Korean's historically hermit-like society, a new study gives insight into a strong economic shift: the dollarization of the economy.
Measured by what households in NK will save away, the dollar and yuan are the two dominant currencies represented in savings and the black market, even surpassing the North Korean won.
While the indices used to benchmark the changes in Asset and Currency Substitution are far from perfect, the changes in North Koreans and recent refugees seem to indicate that transformation is taking hold.
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