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Mention North Korea to people today and they will conjure up many unflattering images, particularly in the wake of George W. Bush denouncing the state as part of an "axis of evil". Despite this cold war type rhetoric, the state of North Korea has begun to recognise the difficult challenges that it faces and is now trying to get to grips with them systematically.This book brings together a selection of many of the world experts on the North Korean economy and covers such important issues as:*possible unification with South Korea*the significance of China's economic success*Europe and the United States' roles in North KoreaNorth Korea in the World Economy provides an accessible, well-written and comprehensive account of this unique country and its economy. It will be extremely interesting not only for students and academics with an interest in Korean studies, international finance and transition economies but also for anyone with an interest in international economics.
Korean reunification question (1945- ) --- Korea (North) --- Economic conditions --- Economic policy --- Foreign economic relations --- Korean People's Republic --- People's Democratic Republic of Korea --- Koreĭskai︠a︡ Narodno-Demokraticheskai︠a︡ Respublika --- Korea (North Korean Government) --- Democratic People's Republic of Korea --- North Korea --- KNDR --- Chʻao-hsien min chu chu i jen min kung ho kuo --- Koreai Népi Demokratikus Köztársaság --- Korea (Democratic People's Republic) --- K.N.D.R. --- K.R.L.D. --- Korea (People's Democratic Republic) --- Korean People's Democratic Republic --- Chōsen Minshu Shugi Jinmin Kyōwakoku --- Chosŏn Minjujuŭi Inmin Konghwaguk --- KRLD --- Koreańska Republika Ludowo-Demokratyczna --- Kūriyā al-Dīmuqrāṭīyah --- D.P.R.K. --- DPRK --- Corée du Nord --- República Popular Democrática de Corea --- Corea (North) --- North Korean Interim Government --- Chosun Minchu-chui Inmin Konghwa-guk --- Chaoxian minzhu zhuyi renmin gongheguo --- 朝鲜民主主义人民共和国 --- KP / North Korea - Noord Korea - Corée du Nord --- 37 --- 331.30 --- 327.1 --- Geografische economie. Monografieën van streken en landen --- Economische toestand --- Buitenlandse politiek. Economische sancties
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We compile the list of articles published in major refereed economics journals during the last 35 years that have received more than 500 citations. We document major shifts in the mode of contribution and in the importance of different sub-fields: Theory loses out to empirical work, and micro and macro give way to growth and development in the 1990s. While we do not witness any decline in the primacy of production in the United States over the period, the concentration of institutions within the U.S. hosting and training authors of the highly-cited articles has declined substantially.
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We study the location-specific component in research productivity of economics and finance faculty who have ever been affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated with an elite university in the 1970s; this effect weakened in the 1980s and disappeared in the 1990s. We decompose this university fixed effect and find that its decline is due to the reduced importance of physical access to productive research colleagues. We also find that salaries increased the most where the estimated externality dropped the most, consistent with the hypothesis that the de-localization of this externality makes it more difficult for universities to appropriate any rent. Our results shed some light on the potential effects of the internet revolution on knowledge-based industries.
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Corporate governance --- Corporate governance. --- International cooperation. --- International cooperation
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