Avoiding the Apocalypse: The Future of the Two Koreas
Institute for International Economics, 2000 - 431 pagine
On the Korean peninsula one of the greatest success stories of the postwar era confronts a famine-ridden-and possibly nuclear-armed-totalitarian state. The stakes are extraordinarily high for both North and South Korea and for countries such as the United States that have a direct stake in these affairs. This study, the most comprehensive volume to date on the subject, examines the current situation in the two Koreas in terms of three major crises: the nuclear confrontation between the United States and North Korea, the North Korean famine, and the South Korean financial crisis. The future of the peninsula is then explored under three alternative scenarios: successful reform in North Korea, collapse and absorption (as happened in Germany), and "muddling through" in which North Korea, supported by foreign powers, makes ad hoc, regime-preserving reforms that fall short of fundamental transformation.
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Table 3.10 Ratio of South Korean to North Korean per capita income , 1990
Source Per capita income Hwanga National Unification Board Chun Jeongo
Noland Hwango 5.40 5.23 4.48 4.23 3.62 2.49 a . Converted to a common
currency using ...
Economic Relations with Japan North Korea's economic relations with Japan are
dominated by a tumultuous history — the colonial legacy of approximately
700,000 Koreans residing in Japan , military tensions , and the nuclear issue (
The Impact of Korean Unification on North Korea , INFORUM : College Park ,
Maryland , processed . Meltzer , Allan H. 1998. Moral Hazard Goes Global : The
IMF , Mexico , and Asia . Washington : American Enterprise Institute ( January ) .
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The South Korean Economy until 1997
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