South Korea’s rise from post-war devastation to one of the world’s most advanced economies is often called an economic miracle. With global giants like Samsung and Hyundai leading its ...

together they accounted for only 58 percent of the post-1978 boom, a slide of almost 25 percentage points. Productivity increases made up the rest. It turns out that it is higher productivity that has ...

Plagued by war, violence, and low oil prices, economies in the Middle East and North Africa (MENA) region will see growth of 2.6% in 2017, down from 3.5% in 2016, according to the World Bank’s ...

The Korean government attempted to accelerate economic growth through strategic resource allocation in order to counter the North Korean threats during the Cold War. Especially, after the advent of ...