Learn about the pros and cons of command economies and their impact on inequality, innovation, and efficiency. See how they ...

Explore North Korea's command economy, its challenges, and its China ties. Uncover insights into this secretive economic structure.

National economies can be run from the top down, so to speak, in what is sometimes called a command economy or they can be run from the bottom up in what is sometimes called a free market. In the ...

Deputy Prime Minister and Finance Minister Koo Yoon-cheol poses for a photo with U.S. Treasury Secretary Scott Bessent before their meeting at the Permanent Mission of Korea to the United Nations in ...