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[학술논문] North Korea: Building the Institutions to Raise Living Standards

This paper examines the nature of the economic failure that has brought North Korea such low living standards, and considers how the economic system might be reformed to facilitate a return to overall growth in both aggregate income (GDP) and general living standards. The focus is on institutional aspects of the needed reforms, emphasising the importance of building on existing institutions and practices

#Institutions #transition #markets #food supplies #Paul Hare

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[학술논문] North Korea: Building the Institutions to Raise Living Standards

This paper examines the nature of the economic failure that has brought North Korea such low living standards, and considers how the economic system might be reformed to facilitate a return to overall growth in both aggregate income (GDP) and general living standards. The focus is on institutional aspects of the needed reforms, emphasising the importance of building on existing institutions and practices

#Institutions #transition #markets #food supplies #Paul Hare

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