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MARKET ECONOMIZATION (1) answer(s).
 
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Why Is the Political Regime of North Korea Tough? Comparison with the Market Economization of China, Vietnam, and Cuba / Miyamoto, Satoru   Journal Article
Miyamoto, Satoru Journal Article
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Summary/Abstract The purpose of this paper is to examine the stability and toughness of North Korea’s political regime from the perspective of radicalism and gradualism of the market economization. Since it is believed that gradualism keeps the regime stable. I examined the hypothesis that North Korea and Cuba effectively abandoned their socialist planned economy and introduced market economization after witnessing the economic crisis in China and Vietnam during the Cold War. As a result, North Korea and Cuba experienced the economic crisis and gradual economic development after the Cold War. The socialist planned economy remained an ideal in North Korea. Therefore, market economization became gradualism because of its suppression by the ideal in North Korea.
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