Reunification ot North and South Korea could impose huge costs on the richer southern half. This paper examines alternative approaches to reducing those costs. The key is to prevent the utter collapse of the northern economy. This might be accomplished after unification through policies to keep northern price levels competitive or by protecting northern producers. Alternatively, unification could be delayed until the northern economy is ready. While the delaying approach would reduce the immediate cost burden, it would not necessarily lead to unification. In the meantime, a strengthened northern economy could pose a heightened security threat to the south.
Korean Unification. Alternative Economics Strategies
1995
129 pages
Report
Keine Angabe
Englisch
Business & Economics , Behavior & Society , North korea , Economic analysis , South korea , Scenarios , Policies , National security , Competition , Marketing , Investments , Banking , Employment , Government(Foreign) , Strategic analysis , Industrial production , Comparison , Cost estimates , Population , Germany , International trade , Industrial mobilization , Macroeconomics , International relations , Industrial relations , Social welfare , Economic warfare , Price index , Reunification , Restructuring , Gdp(Gross domestic product)
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