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The North Korean economy has been a statistical black hole for decades but is undergoing substantial transformations. Rapid post-war industrialisation was not sustained beyond the mid-1960s and South Korea’s economy far outpaced North Korea’s during the next three decades, during which trend...
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It remains unclear whether or not Russia will actually invade Ukraine, and if it does so, what form this invasion will … take. In this note, we outline two broad scenarios: targeted strikes by Russia in Ukraine accompanied by further non … sanctions on either Russian GDP or the FX rate. However, we find that Russia is extremely vulnerable to a reduction in the price …
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This chapter examines how the sanctions imposed on Russia after its 2022 invasion of Ukraine have impacted Russian … firms, their direct investment abroad, and Hungarian business presence in Russia, and, in particular, how Russian and … chapter also looks at the main differences between Russia and Hungary. In Russia, large firms with exposure to the West have …
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