After fife month the special economic zone Kaesong Industrial Complex (KIC) in North Korea was reopened again on 16 September 2013. By this way, it is the last remaining centrepiece of North-South economic cooperation on the Korean peninsula. Established during the period of "Sunshine policy"...

In contrast to Germany South Korea has for years been continuously preparing for national reunification. As a result, alongside the Ministry of Unification a number of think tanks, research institutes, and other organizations have also been established in South Korea. After years of the...

While the DPRK (North Korea) is on its way ahead to reform the socialist based economic system, since a few years the Republic of Korea (South Korea) is integrating into East Asian economic structures like "ASEAN plus 3". In this way a possible reunification of Korea as well as a single...

Studies into the Wealth of Nations have been the aim of economics since Adam Smith. However, the spectacular rise of some economies, beginning with industrializing England in the 18th century, has been of particular interest. England's rise has been as miraculous in the eyes of the observers as...