Economy / North Korea
Tentative Reforming
November 2005 | Economic AnalysisNorth Korea's economy is slowly opening up to market-orientated ideas as it tries to revive its moribund economy. After decades of central planning, in mid-2002, the regime introduced a series of reforms designed to liberalise prices and give more autonomy to state companies. But with these tentative measures failing to boost the economy, North Korea has hinted that it is considering further reforms.
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