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Economic Integration of the Korean Peninsula (Paperback)
Loot Price: R459
Discovery Miles 4 590
You Save: R72
(14%)
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Economic Integration of the Korean Peninsula (Paperback)
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List price R531
Loot Price R459
Discovery Miles 4 590
You Save R72 (14%)
Expected to ship within 12 - 17 working days
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The North Korean economy cannot sustain its population. Absent
fundamental economic reforms, it will never be able to do so. Hence
North Korea will require sizable external support for the
foreseeable future. South Korea, China, Japan, and the United
States have been willing to provide this support because they fear
a collapse in the North or, even worse, a lashing out that would
unleash war on the peninsula and put millions of people in Asia in
jeopardy-including thousands of US troops stationed in South Korea
and Japan. The status quo is thus closer to extortion than charity.
In this volume, a diverse group of contributors analyze prospective
developments on the Korean peninsula. The authors first address the
three broad strategic possibilities of war, collapse, and gradual
adjustment. Four immediate policy issues are then considered: the
current economic conditions and policies in the North, the food
crisis, the nuclear energy/nuclear weapons issue, and the
possibility of large-scale refugee flows. Finally, the volume
considers several longer-run issues concerning the inevitable
integration of the peninsula: the potential relevance of the German
experience, the costs and benefits of economic unification between
North and South Korea, and the possible role of the international
financial institutions in funding the new arrangement. The volume
concludes with recommendations for policymakers, especially in the
United States and South Korea, from the preceding analyses.
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