Feb 9, 2007

The Real Power of Productivity

"Ethiopia has a population of 70 million and its economy is valued at $7.7 billion, while North Korea has a populace of 23 million and an economy worth $20.8 billion. Meanwhile, Samsung Electronics has 70,000 workers, and its sales amount to $72 billion, with value added assessed at $21.6 billion, according to a 2004 issue of Fortune magazine. Value added produced by Samsung Electronics is larger than that of North Korea’s economy and three times larger than that of Ethiopia."

From North Korean Economy Watch