what type of economic system does north korea have
Economy of North Korea North Korea's economy is a centrally planned system, where the role of market allocation schemes is limited, though increasing.[8] Although there have been some small-scale reforms, as of 2015[update], 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. There has been economic reform, particularly after Kim Jong-un assumed the leadership in 2012, but reports conflict over particular legislation and enactment.[9][10][11][12][13][14]