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The Economic Integration Between North and South Korea: Lessons from German Reunification and European Integration
East Asia ( IF 1.2 ) Pub Date : 2021-03-17 , DOI: 10.1007/s12140-021-09359-w
Sung-jo Cho , Lieven De Moor

As the possibility of North Korean regime collapse has been raised and the economic gap between North and South Korea has been increasing, temporary separate operation has emerged as a way of economic integration of North and South Korea. Its main idea is that even if political integration is achieved rapidly, economic integration should proceed over time. It is generally accepted that temporary separate operation has desirable economic consequences but doubts about the feasibility are often raised because it is a scenario based on many assumptions, and politicians might prefer radical integration based on their short-term political interests. So, this paper aims to develop a temporary separate operation by providing more concrete reasons, by anticipating problems and by suggesting policy measures to enhance the feasibility. For this, the paper examines German reunification and European integration (especially Eurozone crisis) cases and compares them with the situations and features of economic and financial sectors of North and South Korea.



中文翻译:

朝鲜与韩国之间的经济一体化:德国统一和欧洲一体化的经验教训

随着朝鲜政权崩溃的可能性增加,并且朝鲜与韩国之间的经济差距不断扩大,临时的独立运作已成为朝鲜和朝鲜经济一体化的一种方式。其主要思想是,即使迅速实现政治一体化,经济一体化也应随着时间的流逝而发展。人们普遍认为,临时性的单独经营会产生合乎需要的经济后果,但人们常常对可行性进行质疑,因为这是一种基于许多假设的情况,政治家可能会基于其短期政治利益而倾向于激进整合。因此,本文旨在通过提供更具体的原因,预测问题并提出提高可行性的政策措施,来发展临时的单独行动。为了这,

更新日期:2021-03-18
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