Academic Relations

The economic systems of European countries and North Korea see the path to economic success in very different ways, ie with respect to ownership, the co-ordination mechanisms of the allocation of resources, the motivation of economic players, both sides have chosen very different ways.

The office of academic relations of EBA Berlin arose from the idea that this diversity should be respected, and specifically recognised.

In close coordination with the EBA PY and the liaison office in PY, the office of academic relations seeks dialogue on economic issues on the academic plain. Institutions from Europe and North Korea are invited to take part in this exchange.

What is the economic potential of this Asian country? What are the fundamental basic idea of the economic system and its components in North Korea ? How does it work in practice? What problems confront foreign partners? From what do most problems, the greatest misunderstandings arise?

And vice versa: what areas of European economic thought and European business practice does the Korean side have difficulty in comprehending?

What from the Korean point of view are the strengths and weaknesses of the European system and its practice? And conversely, what, from the European perspective, are the strengths and weaknesses of the North Korean system?

We are of the opinion that success in economic cooperation depends to a considerable extent on each side understanding the other preferences and restrictions. We assume that it is in the interest of all parties if relations can be developed on the basis of deepened understanding by each side of the other and supported by each respective side wish for success.

Because science can be seen to play an important bridging function, so the academic component in our work with the office for academic relations should have a special place. 

Contact 
b.unterbeck (a) eba-pyongyang.org

Advisory Board
Prof. Ruediger Frank
Professor of East Asian Economy and Society at the East Asian Institute of the University of Vienna, Austria.