What are the characteristics of President Moon Jae-in's policy toward North Korea, and what lessons can be drawn for the future? More than 70 years have passed since the establishment of the two republics in 1948, during which continuous attempts have been made to achieve reconciliation, peace,...

What are the characteristics of President Moon Jae-in's policy toward North Korea, and what lessons can be drawn for the future? More than 70 years have passed since the establishment of the two republics in 1948, during which continuous attempts have been made to achieve reconciliation, peace,...

We develop a theory of collective brand reputation for markets in which product quality is jointly determined by local and global players. In a repeated game of imperfect public monitoring, we model collective branding as an aggregation of quality signals generated in different markets. Such...

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...

While Korea since several decades promotes an infrastructure project called "iron silk road", to link it with European markets, but also to integrate North Korea more into the world economy, these ideas largely ended nowhere. Instead, the Chinese proposal of the "One Belt, one Road" (short BRI)...

One of the most important variables in the study of the North Korean economy is market prices and foreign exchange rates. This is because of the assumption that the two variables immediately reflect the status and trends of the North Korean economy. In fact, many North Korean economic studies...

For researchers who study the North Korean economy, one of the most unknown and interesting areas is North Korean statistics. There are many questions such as: Do statistics on the North Korean economy even exist? If not, how do overseas researchers conduct their studies? and If so, can we trust...

The basis for studying the North Korean economy is to gain an understanding of the size of the overall economy and the trends within it. However, owing to the fact that North Korea does not release data on its GDP and GNI, the task has fallen on the shoulders of outside researchers and such...

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...

While Korea since several decades promotes an infrastructure project called "iron silk road", to link it with European markets, but also to integrate North Korea more into the world economy, these ideas largely ended nowhere. Instead, the Chinese proposal of the "One Belt, one Road" (short BRI)...

In addition to being one of the most isolated countries in the world, North Korea has been the target of sanctions and trade restrictions in recent years. This paper examines the trade patterns of North Korea with its 19 major trading partners over the period 1989-2016. Moreover, the paper...

The paper analyzes China's rise, its causes and consequences as well as China's geopolitical strategy. We discuss in particular its meaning in the context of the evolution of the International (dis)order, threatened by nationalist populism. A particularly important question is the effect of...

Purpose: This study examined the MICE Industry as an exchange and cooperation object to break through the inter-Korean relations in the crisis phase. Design/methodology/approach: This study conducted exploratory research applying grounded theory, a qualitative research method that builds a...

Purpose: This study examined the MICE Industry as an exchange and cooperation object to break through the inter-Korean relations in the crisis phase. Design/methodology/approach: This study conducted exploratory research applying grounded theory, a qualitative research method that builds a...

The dominant debate about the nuclear crisis often clouded the view of Western and South Korean observers regarding the deep changes, North Korea's political and economic system underwent in the Kim Jong-Un era, from the Soviet socialist system under his grandfather Kim Il-Sung and the military...

This article studies the ideological reactions of communist regimes to the advent of a post-communist world. It examines two cases of reformed communist regimes (China and Vietnam) with two relatively unreformed cases (North Korea and Cuba) to understand different legitimation strategies...

We investigate whether growing up in a socialist country affects the development of competitiveness by comparing three Korean groups in South Korea, born and raised in three countries with distinct institutional environments: South Korea, North Korea, and China. We examine the effect of home...

On the basis of past decisions with comparable circumstances, third-party data and anecdotal evidence linked to investors operating in North Korea, this report reaches the following conclusion: the first-order interaction for the DPRK is that it must demonstrate good faith through continued...

We investigate whether growing up in a socialist country affects the development of competitiveness by comparing three Korean groups in South Korea, born and raised in three countries with distinct institutional environments: South Korea, North Korea, and China. We examine the effect of home...

A generalization and the widespread use of foreign currency in North Korea is called dollarization. Opinions are mixed over the backgrounds and the causes of the phenomenon, whether it is peculiar to the North, what it implies about the reality, and what effects it will have on the North's...

The dominant debate about the nuclear crisis often clouded the view of Western and South Korean observers regarding the deep changes, North Korea's political and economic system underwent in the Kim Jong-Un era, from the Soviet socialist system under his grandfather Kim Il-Sung and the military...

A generalization and the widespread use of foreign currency in North Korea is called dollarization. Opinions are mixed over the backgrounds and the causes of the phenomenon, whether it is peculiar to the North, what it implies about the reality, and what effects it will have on the North's...

Many agree that the economy of North Korea has changed under the Kim Jong-un regime, but there are often different interpretations as to whether these changes are in line with the continued transformation from the 1990s or they should be seen as a completely separate trend. And the way of...

This collection of essays is designed to shed light on the issues of imperialism and the transitions to socialism. Written by eighteen contributors, from twelve countries and three continents, it is organized into two main parts. The first section delves into the theoretical aspects, the...

"The Contributors to this book explore the current situation of North Korea in various aspects and provide policy suggestions for North Korea to become part of the international community and achieve sustainable development. Focussing on three key areas, of economic development: international...

Introduction: The development-geopolitics nexus in North Korea -- State building and late development in North Korea -- Post-war reconstruction and catch-up industrialisation -- Geopolitical contestation and the challenge to North Korean development -- Economic decline and the crisis of the...

Front Matter -- Copyright -- Contents -- Contributors -- Abbreviations -- 1. Introduction to the Research Handbook on Economic Sanctions -- PART I THE VALUE OF LARGE-N DATA SOURCES -- 2. Economic sanctions in the twenty-first century -- 3. The Threat and Imposition of Economic Sanctions data...