Numerical exercises we have performed indicate that when one operates a country as a slavery system, the slaves would end up barely subsisting, whereas the masters could live affluently.What might North Korea do to achieve prolonged economic progresses? The followings appear to be the bare...

Natural Conditions and Foundation of the Chinese Economy -- Historical Development of Chinese Economy (Before 1949) -- Economic Development and Exploration of New China (1949-1978) -- Reform and Transformation of China’s Economy (after 1978) -- Economic and Social Development in China since...

Transformation to some market approaches in North Korea is of highest importance for more economic cooperation on the Korean peninsula. Kim Jong-uns's Byungjin policy, a new ideological approach announced in 2011, gave some hope for such reforms. At least, basic economic reforms like in China or...

The Northeast Asian security environment is closely linked to Korea's growth perspectives for the future. The spectacular rise of the South Korean economy in the past half century, also known as 'Miracle on the Han River,' has been duly highlighted as one of the most successful cases of economic...