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 last decades are characterized more and more by the catching-up of former communist and developing countries especially in Central and Eastern Europe as well as in East Asia. But which economic system is able to develop an economic successful catching-up combined with human development and...

The paper presents a decomposition of productivity gap between South-Korea and Estonia for the year 2006. After presenting stylised facts related to income conver-gence, we apply shift-share analysis to explain the patterns of structural disparities both at aggregated sectoral level and within...