German Lessons for Korea: The Economics of Unification
Marcus Noland ()
No WP96-3, Working Paper Series from Peterson Institute for International Economics
The unification of Korea as a democratic capitalist state is undoubtedly in the interests of both Koreans and the world at large. The German experience suggests that this transition when it comes about is likely to be difficult in the short-run, however. Most of the decisions about, and the responsibilities for, unification will be borne by Koreans. The United States, which in part bears responsibility for the division of the peninsula, and fought a war there to preserve the southern state, will have a role to play. Most obviously the United States can work in a supporting fashion, especially in the international lending institutions where the United States is still the single most influential voice.
Keywords: Korea; unification; Germany (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
https://www.piie.com/publications/working-papers/g ... conomics-unification (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:iie:wpaper:wp96-3
Access Statistics for this paper
More papers in Working Paper Series from Peterson Institute for International Economics Contact information at EDIRC.
Bibliographic data for series maintained by Peterson Institute webmaster ().