The debate on the possible unification of South Korea and North Korea has often been assessed from the economic perspective, which is insufficient since unification entails not only the integration of two economies but political, social and technological integration of two territories. Using the...

This paper introduces a new economic model of a wartime economy, the war economic capability model – WEC-Model. The WEC-Model assesses the economic impacts of countries thorough the possible scenario of war in three different stages: (i) initial conflict and diplomatic negotiations; (ii)...

This paper introduces a new economic model to analyzing the effects of a possible terrorist attack. This paper propose the terrorist attack vulnerability Evaluation model (TAVE-Model). The model analyzes the evolution of terrorism in three different phases: (i) origins of a terrorist attack;...

This paper introduces a new economic model of a wartime economy, the war economic capability model — WEC-Model. The WEC-Model assesses the economic impact of an armed conflict in three different stages: (1) initial armed conflict and diplomatic negotiations; (2) military armed conflict; and...

This paper introduces a new economic model to analyze the effects of a possible terrorist attack, namely the terrorist attack vulnerability evaluation model (TAVE-Model). The model analyzes three different phases of terrorism: (i) origins of a terrorist attack; (ii) terrorist attack itself; and...