North Korea is currently one of the most impoverished countries with a history of famine, but the country has a significant potential for economic development that could lift its population from poverty. Neighbored by some of the largest and most advanced economies in the world (South Korea,...

Large private enterprises in the ASEAN-5 economies have been, and remain, dominated by firms that share four common characteristics: (1) their ownership and control are concentrated among a handful of prominent business families; (2) most of these families have Chinese origins; (3) each family...

Financial inclusion is a key element of social inclusion, particularly useful in combat-ing poverty and income inequality by opening blocked advancement opportunities for disadvantaged segments of the population. This study intends to investigate the impact of financial inclusion on reducing...

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Financial inclusion is a key element of social inclusion, particularly useful in combat-ing poverty and income inequality by opening blocked advancement opportunities for disadvantaged segments of the population. This study intends to investigate the impact of financial inclusion on reducing...

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

German Abstract: Es wird gezeigt, dass unser herkömmliches Verständnis des Digitalen inkomplett ist. Und es wird gezeigt, wie es vervollständigt werden kann.Das hypodisch Digitale wird als neue Eigenschaft des Digitalen eingeführt. Die sozioökonomischen und philosophischen Konsequenzen sind...

This article presents some of the key arguments and findings of the author's forthcoming book, Democracy, Inequality and Corruption: Korea, Taiwan and the Philippines Compared (Cambridge University Press). It explores how inequality increases corruption via electoral clientelism, bureaucratic...

The article draws on the concepts of cultural and political embeddedness to analyse the local embeddedness of a global transnational engineering firm in transforming economies. It compares the process of the negotiations for and the acquisitions of assets undertaken by ABB in Wroclaw, Poland and...

This paper attempts to explain both the economic and the political development of South Korea applying the limited and open access orders framework proposed by North, Weingast, and Wallis (2009). During the second half of the 20th century South Korea transformed itself from a poor nation to a...