Wednesday, 3 February 2016
The Resurgence of a Market Economy in North Korea (Andrei Lankov, Carnegie Moscow Center)
North Korea has been described as the world’s last Stalinist country. The rhetoric of its officials may indeed be Stalinist, but market forces have played a major role in its economy since at least the late 1990s. The spontaneous growth of free enterprise has been crucial to the North Korean economy’s slow but steady recovery from an external shock.
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