While research and development expenditures are considered a key to productivity growth and development, the question remains whether their contribution could depend on the particular countries' and industries' actual development levels and positions in global value chains. In this paper we...

The conception of economic order policy (in German: Ordnungspolitik) has been the theoretical foundation of the Social Market Economy in Germany after World War II. But nowadays, the conception of Ordnungspolitik is in a fundamental crisis. It has been removed by Keynesian conceptions or still...

While the DPRK (North Korea) is on its way ahead to reform the socialist based economic system, since a few years the Republic of Korea (South Korea) is integrating into East Asian economic structures like ASEAN plus 3. In this way a possible reunification of Korea as well as a single...