As China is dependent on oil and gas imports to maintain its high growth rates, the Shanghai Cooperation Organization (SCO) and Central Asia have become increasingly important for the country's economic development. In May 2014, China and Russia signed a new gas deal, for example, and in recent...

After the fall of state socialism about two decades ago, democracy and market economies were assumed to diffuse worldwide. However, the American financial crisis of 2008, leading to a worldwide economic crisis caused increasing criticism of capitalism. As laissez-faire capitalism, Keynesianism...

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...