DPRK has markets but still no market institutions
(Pictured above: Areas in Pyongyang where street stalls have reportedly become more numerous—via Google Earth) Although we in the west note the proliferation of markets across the DPRK, the Daily NK reminds us that they still lack the institutions of capitalism: security of contract and property, rule of law, etc. According to the article: Kim … Continue reading DPRK has markets but still no market institutions
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