| ID | 167742 |
| Title Proper | North Korea's economy today and prospects for its transformation |
| Language | ENG |
| Author | L.V. ZAKHAROVA ; Zakharova, L.V |
| Summary / Abstract (Note) | This paper analyzes key development trends in the North Korean economy and its basic functioning principles; it examines the prospects for further transformation of the country's economic structure. Relaying on a systemic approach and method of simulation, the author presents a model of today's North Korean economy, and singles out several spheres therein that differ in management principles and mechanisms of decision-making by economic entities. The development forecast for the economic system of the country is given within the framework of four proposed scenarios based on a combination of the main internal and external factors. |
| `In' analytical Note | Far Eastern Affairs Vol. 47, No.2; 2019: p.113-128 |
| Journal Source | Far Eastern Affairs Vol: 47 No 2 |
| Key Words | Socialism ; Economy ; Sanctions ; Market Economy ; DPRK ; Model ; Economy Structure |