This paper employs structural vector autoregression and local projection methods to examine the impacts of the deterioration in US-China political relations on Australia-China bilateral trade. By imposing a recursive identification scheme with different assumptions, the empirical results...

Introduction: The development-geopolitics nexus in North Korea -- State building and late development in North Korea -- Post-war reconstruction and catch-up industrialisation -- Geopolitical contestation and the challenge to North Korean development -- Economic decline and the crisis of the...

"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...