The North Korean economy was modeled off of Stalin's forced industrialisation of the 1930s. Many still think the country exists in a time warp -- a communist museum piece kept alive by Chinese subsidies. But the truth is more interesting. After the fall of the Soviet Union, North Korea's economy and society changed dramatically. Marcus Noland, economist and executive vice president of the Peterson Institute for International Economics, explains in the latest episode of Alphachat.
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Nouriel Roubini on the US-China Thucydides Trap
Jay Shambaugh on the tools to fight the next recession
Joel Mokyr and the curse of Adam
Will Davies on populism, data and experts
Robert Kaplan on jobs, oil and credit
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Banking culture since the crisis
Kimberly Clausing makes the case for open economies
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The IMF's Tobias Adrian on stability
Bonus: IMF's Vitor Gaspar on debt
Odette Lienau on the most complicated debt restructuring in history
Yanis Varoufakis: "Democracy is a very fragile flower"
Brexit: Too late now to get the milk out of the tea
Immigration: comparing this wave to the last
Andrew Keen on the internet: misery is not the answer
Waltraud Schelkle and Ashoka Mody: Is the eurozone fixable?
What China wants: Brad Setser, and Freya Beamish
Germany's China shock
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