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Is North Korea eforming its economy and moving towards capitalism?

April 26, 2017capitalism economy moving north korea reforming

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Is North Korea
eforming its economy and moving towards capitalism?

1 Answer

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Posted

While the comparison between the DPRK and ‘China in the 1980s’ is frequently evoked by many so-called ‘experts’ these days, it is completely incorrect and misleading. The DPRK remains a planned socialist economy and has no intention of embracing the capitalist developmental model.