Introduction. Employment for a person is key issue of life. For young people, it acquires much more important aspect, because people who form new features the future labor market. In process employment in market, workers can become drop ideas, changes, they demonstrate their mobility quite easily, at same time, often cause concern among employers due to lack experience or its complete absence p...

This article argues that North Korea can achieve an economic catch-up after decades of economic isolation and stagnation by promoting an economic opening focused on foreign trade and investment in a sustained manner. An analogy is been made with the case of Fujian Province in China, which has accomplished economic catch-up, mainly due to Taiwanese investments. To realise its potential, it is ar...

This study provides a unified growth theory to correctly predict the initially negative and subsequently positive relationship between child mortality and net reproduction observed in industrialized countries over the course of their demographic transitions. The model captures the intricate interplay between technological progress, mortality, fertility and economic growth in the transition from...

Professional IT specialists are still being shocked by inadequacy between the fast IT development in 1970’s and technological decline in 21st century. The stagnation of ICT technologies and their application in social and economic practices in Poland inspired the authors to search for causes and conditions. The authors present the divergent JIBC December 2010, Vol. 15, No.3 2 interpretations of...

This paper presents a quantitative analysis of the model developed in Galor and Moav, Natural Selection and the Origin of Economic Growth (2002), in which agents vary genetically in their preference for quality and quantity of children. We simulate a parametric form of the model, enabling examination of the transition from Malthusian stagnation to modern rates of economic growth. The simulation...

How does one understand the differences and similarities of corruption among various Asian countries? We use a recent framework developed by Rodriguez, Uhlenbruck, and Eden (2005) to suggest that corruption has to be examined from two different dimensions: pervasiveness and arbitrariness. Using this framework, we ask why some Asian countries are able to achieve high levels of economic growth in...

Many journalistic articles and a few academic ones have been published on the occasion of the half century of the Cuban revolution comparing that nation’s economic and social situation in 1958 and 2008. Such exercise is complicated by serious methodological problems that have not been properly analyzed. This essay summarizes the swings of economic policy in the last 50 years; explains the diffi...

In every developed country, the economic transition from pre-industrial stagnation to modern growth was accompanied by a demographic transition from high to low fertility. Even though the overall pattern is repeated, there are large cross-country variations in the timing and speed of the demographic transition. What accounts for falling fertility during the transition to growth? To answer this ...

Economic integration is examined in a multi-economy Schumpeterian growth model where economies differ in their research environment, and consequently in the productivity of R&D. We show that economies with more or less the same productivity of R&D integrate. In equilibrium, there can be many common markets with different growth rates as well as stagnating economies with decreasing relative inco...