The North Korean economy has been a statistical black hole for decades but is undergoing substantial transformations. Rapid post-war industrialisation was not sustained beyond the mid-1960s and South Korea’s economy far outpaced North Korea’s during the next three decades, during which trend...

This paper examines the economic efficiency of Russian special economic zones (SEZs) established by federal authorities since 2005. The results are mixed: the payback of SEZs is low, but they continue to attract residents; SEZs have greater attractiveness for foreign investment, but their...

This paper investigates the process of developing and implementing special economic zones (SEZs) and industrial parks (IPs) in Russia. Russian government used these initiatives to develop and diversify exports, increase employment, attract foreign direct investment (FDI), and launch technology...