West-Bound Train Leaving the Station: Pyongyang on the Reform Track Marcus Noland October 14-15, 2002 Marketization The North Korean economic reforms that began in July 2002 have four components: marketization, inflation, special economic zones, and aid-seeking. Marketization, in turn, has several features. The government appears to be attempting to adopt a dual-price strategy similar to … Continue reading Why reform now?