Numerical exercises we have performed indicate that when one operates a country as a slavery system, the slaves would end up barely subsisting, whereas the masters could live affluently.What might North Korea do to achieve prolonged economic progresses? The followings appear to be the bare...

The Northeast Asian security environment is closely linked to Korea's growth perspectives for the future. The spectacular rise of the South Korean economy in the past half century, also known as 'Miracle on the Han River,' has been duly highlighted as one of the most successful cases of economic...

"Despite international sanctions, North Korea's trade has exhibited quantitative growth. However, the sanctions have also limited North Korea's trade partners to China. The surging demand for anthracite in China has skewed North Korea's trade structure, leaving it vulnerable to external shocks...