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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However , by this time , opportunities to grow through “ extensive " means of
marshaling greater resources began to dwindle , and the North proved largely
incapable of growing through the " intensive " means of raising the productivity of
Once built , a delivery system is necessary for deployment North Korea began an
experimental nuclear program in the 1950s , initially with help from the Soviet
Union and later from China . " In 1967 it brought into operation at Yongdong a ...
In the Romanian case , living standards began to fall in the early 1980s as
domestic consumption was compressed to free up resources for debt repayment .
Conditions worsened in 1985 when the country was hit by severe weather while
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The South Korean Economy until 1997
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