The labour minister announces a major reform to the communist country's state-controlled economy.

uhh can anyone debunk this if it isn't true, or clarify if this is some dengist thing

Labour Minister Marta Elena Feito said the list of authorised industries had expanded from 127 to more than 2,000.

Only a minority of industries would be reserved for the state, she said.

  • leftcompride [none/use name]
    ·
    4 years ago

    So SK would never have been able to develop without the West? Is that your thesis, that the orientals can only develop with Western aid? Did Singapore receive any aid? SK developed becuase of their industrial policy, strong state support of local capital, rule of law, and export oriented growth like China.