The aim of this study is to investigate the negative correlation between unemployment and life satisfaction in the 27 post-socialist countries. First, we measured the well-being cost of life satisfaction brought from pecuniary and non-pecuniary sources. In line with the previous literature, the...

Although the current corruption in North Korea is keeping potential resistance and social disruptions under control, it may not be beneficial for North Korea’s economic development in the long-term. The most important reason is that the bribery, which is part of a daily life in North Korea, is...