S-Space College of Social Sciences (사회과학대학) Institute of Economics Research (경제연구소) Seoul Journal of Economics (SJE) Seoul Journal of Economics vol.06(3) (Fall 1993)
Alternative Paths in Inter-Korean Relations and Their Economic Implications
- Suh, Chung-Sok
- Issue Date
- Seoul Journal of Economics, Vol.6 No.3, pp. 283-306
- This paper establishes three scenarios regarding the development of inter-Korean relations until the year 2000, "Status Quo," "Complete Unification." and "Partial Rapprochement." The conditions leading to each scenario are examined and the economic implications of these scenarios are discussed. The major economic benefits to South Korea from inter-Korean cooperation can be captured only in the long run, possibly after year 2000. even with the most rosy assumptions regarding the potential difficulties associated with cooperation and unification, Contrary to some very optimistic beliefs regading an early unification, it is argued that the collapse of North Korea is not imminent, and that the status quo is expected to last much longer than is commonly believed.