This paper examines the possibilities for, and obstacles to, the reunification of North and South Korea based on the experiences of the reunifications of Italy, the United States and Germany in the 19th and 20th centuries. Common elements of these reunifications include a slow convergence of...

Based on a survey of 54 published articles, we undertake a meta-analysis of 906 estimates of the effects of financial liberalization on economic growth. We conclude that the literature contains statistically significant evidence of a positive effect of financial liberalization on economic...

Policy makers in the Asia Economic Community (AEC) engaged in the integration of the countries in the region have so far focused their attention on measures affecting commodity markets. Integration of investment activities should follow in the future. To achieve integration, the policy makers...

The international trading system is under threat. Many observers have already expressed serious concerns about the impact of Covid, the war in Ukraine, tensions over Taiwan and other natural and man-made disasters and their effects on the international trading system. Some even doubt its...