Two decades of economic reforms in North Korea and Cuba

The Korea Economic Institute has published the latest in its Academic Paper Series:

“Similar Policies, Different Outcomes: Two Decades of Economic Reforms in North Korea and Cuba”
Dr. José Luis León-Manríquez, Universidad Autonoma Metropolitana

North Korea and Cuba benefitted economically from Soviet Union support, but after the collapse of the Soviet bloc, both countries had to reexamine their policies. Since 1990, these two countries have tried various economic reforms under their centrally planned economies. Which country has been more effective in their efforts? As the two nations are both undergoing leadership transitions, how likely are further economic reforms?

Download the paper (PDF) here. Listen the presentation here.  See the presentation video here.

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