North Korea seeking economic reforms

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“North Korea’s new leadership is apparently pushing for reforms in a bid to revive its crumbling state-directed economy, analysts and a South Korean official said Friday. The regime has held public lectures about the new system, which centred on easing tight controls over output and letting each production unit become self-supporting.  Factories or companies would be given greater autonomy in management and set prices of products by themselves.”  [Hey Americans: if North Korea can do it, maybe we can deregulate lemonade stands and milk too?]

http://www.rawstory.com/rs/2012/08/10/analysts-north-korea-seeking-economic-reforms/

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