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Towards a Northeast Asian Security Community - Implications for Korea's Growth and Economic Development (Hardcover, 2011 ed.)
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Towards a Northeast Asian Security Community - Implications for Korea's Growth and Economic Development (Hardcover, 2011 ed.)
Series: The Political Economy of the Asia Pacific
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The Northeast Asian security environment is closely linked to
Korea's growth perspectives for the future. The spectacular rise of
the South Korean economy in the past half century, also known as
"Miracle on the Han River," has been duly highlighted as one of the
most successful cases of economic development worldwide. However,
among the factors curbing South Korea's growth perspectives has
been, from the very beginning of its rise, the coexistence of the
difficult neighbour to the North, Democratic People's Republic of
Korea. While in the cold war this coexistence has been taken as
inevitable, after the end of the cold war there were hopes to
overcome this obstacle to further growth either through collapse or
enhanced cooperation with the North, neither of which became
reality. North Korea's unprecedented aggressiveness and development
of long-range ballistic missiles and nuclear devices, made this
threat truly an international question with multilateral talks
coming into existence as ad-hoc measures to cope with the nuclear
crisis. It was then that the idea of a Northeast Asian Security
Community was born. The contributions in this book discuss how a
peaceful solution of the security problems could not only enhance
stability of Korea's economy and reduce the defense burden
considerably (the so-called peace dividend), but would facilitate
regional investments safer and regional solutions for common
economic problems. When discussing the possibilities of a security
framework or, in an institutionalized form, security community, in
Northeast Asia, the authors in this volume are realistic as to not
fall into the trap of wishful thinking, which so often has
characterized approaches to North Korea resulting in
disappointment. The past two years again saw the rising of tensions
in Northeast Asia and the masterful way in which even an
impoverished and isolated country can play its cards. While it
seems a new ice age between the two Koreas is possible,
nevertheless and maybe even more than ever the search for a stable
security framework for Northeast Asia as a precondition for
peaceful economic cooperation and development will go on. The
chapters in this volume contribute to the ongoing debate to secure
peace and development in Northeast Asia, making this book of
interest to both academics and policy-makers alike.
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