October 21, 2019
What is marketization and when did it begin in North Korea?
Late '70s reform in foreign trade sector one of the earliest catalysts for marketization
Many scholars of contemporary North Korea think of the country as having undergone a rapid, grassroots and spontaneous transformation from being a state socialist, command economy, to becoming a market economy sometime in the past decade or two. But what is the evidence for this? What is North Korean marketization? And when might it actually have begun?If we think of the ‘market’ as being