North Korea’s ‘New Economic Management System’: Main Features and Problems
Korea Focus Park Hyeong-jung Senior Research Fellow Korea Institute for National Unification Here is the summary/assessment: The objective of the New Economic Management System in North Korea is the building of an “unplanned socialist economy,” or something similar to the “socialist commodity economy” China implemented between 1984 and 1992. Agricultural, industrial and financial measures that … Continue reading North Korea’s ‘New Economic Management System’: Main Features and Problems
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