Economy of North Korea

Economy of North Korea

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The economy of North Korea is an industrialized and centrally planned economy. North Korea's economy remains one of the world's last centrally planned systems. The role of market allocation is sharply limited - mainly in the rural sector where some peasants sell produce from small private plots. There are almost no small businesses. Although there have been scattered and limited attempts at decentralization, as of mid-1993, Pyongyang's basic adherence to a rigid centrally planned economy continues, as does its reliance on fundamentally non-monetary incentives.show more

Product details

  • Paperback | 168 pages
  • 152 x 229 x 10mm | 254g
  • Dict
  • United States
  • English
  • 6136584999
  • 9786136584997