How does North Korea make money?

[custom_adv]

North Korea’s economy is a centrally planned system, where the role of market allocation schemes is limited, though increasing. Although there have been some small-scale reforms, as of 2015, North Korea continues its basic adherence to a rigid centrally planned command economy, and its reliance on fundamentally non-pecuniary (not readily quantified or valued in money) incentives.

Check Also

Kim and his daughter at the anniversary of the founding of the North Korean Air Force

The recent appearance of North Korean leader Kim Jong-un at the ceremony marking the 80th …