SHERP

The Second Economy in North Korea

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Authors
Chun, HongTack
Issue Date
1999
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 12 (No. 2 1999): 173-194
Keywords
North Korea; second economy; private economy
Abstract
This paper shows that the second economy plays a significant role in North Korea and complete picture of total economy cannot be obtained if one looks at only the planned sector of the economy. It also shows that presence of the second economy puts pressure on the first economy for change and the expansion of the second economy results in rising tensions between the first (planned) and the second (private) economy and undermining the socialist values.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1155
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.12(2) (Summer 1999)
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