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Can a New Leader Save North Korea's Economy?

Can a New Leader Save North Korea's Economy?

Economics Explained

February 26, 202319m 58s

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Show Notes

What will the potential economic outcomes of leadership change be why is it that a dictatorship inherently makes for a poor economy? What the potential outcomes will be for North Korea will be in the future. How countries have dealt with this type of situation in the past. And perhaps initially what is it that would stand in the way of a country like North Korea embracing a modern economic system, what keeps them poor.

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