publication . Thesis . 2002

The economic implications of Korean unification

Schmitz, Jonathan L.;
Open Access
  • Published: 01 Jun 2002
  • Publisher: Monterey, California. Naval Postgraduate School
A major area of concern for Korean unification is the immense cost it will impose on South Korea. To lessen this burden, South Korea will need to initiate policy reforms that can ease the financial stress and repercussions of unification and create an integrated economic community with North Korea. At the same time, North Korea will need to create an environment that is conducive to economic integration by accepting and adopting reform measures that can build the foundation for a market economy. The two largest factors to any economic reform strategy in North Korea would be to overcome the changes to the political-belief system that drives the current economy an...
free text keywords: Korean reunification question (1945- ), Korea, North Korea, South Korea, unification, reunification, economy, economic implications, economic developmen, economic reform, China, Vietnam, Germany, Yemen
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