At the end of the 20th century, Korea faces unprecedented challenges of renewing its economic basis and of readjusting to changing political and economic environment of Northeast Asia. How Korea faces up to these challenges in a coming decade or so will shape the future of not only Korea but also the whole Korean peninsula. Despite many proposals and suggestions regarding Korea’s internal reform and external relations, there has been no coherent set of strategies to deal with the restructuring of the Korean peninsula in a shifting geo-economic environment of Northeast Asia.
Recognizing this deficiency, this study has made a first-cut attempt at reformulating a management strategy of the Korean peninsula. While discussing the current situation and prospect for political and economic dynamics of Northeast Asia, the study focuses on the geo-economic strategies of Korea for the 21st century. From both security and economic interests, Korea’s immediate hinterland is consisted of North Korea, China’s North and Northeast region, Japan, and the Russian Far East. Indeed, china occupies a central position in Korea’s external alliance and linkage formation strategy, whereas Japan is an essential partner for Korea’s initiative in promoting the regional cooperation of Northeast Asia.
Russia, in spite of its current crisis engendered by system transition, is not a country to be easily discarded. Because of its military power, especially in the Russian Far East, Russia has to be reckoned with. The United States, although it is not a country classified as belonging to Northeast Asia proper, is the super-power and has a great influence in shaping a new regional order. Therefore, Korea’s strategy has to be one of balancing power relations among the major actors involved in the affairs of Northeast Asia.
Given with this broad strategic direction, Korea has to find ways to strengthen alliance and collaboration with its neighbors. Unfortunately, the division of the Korean peninsula limits the space in which Korea can maneuver itself. This is why unification of two Koreas is the most urgent and important task. Considering the interests in regional stability of major powers surrounding the Korean peninsula, no other options than a peaceful unification seem viable. South Korea, thus should reformulate its strategy toward an active engagement with North Korea. The role of unified Korea, if a peaceful unification is achieved, can be substantial. It can play a role of mediator of differential interests of major powers in political terms. More importantly for our purpose at hand, a unified Korea can become a center for economic and cultural exchanges among the countries in Northeast Asia.
However, to realize this potential role of Korea as a mediator and integrator, it is necessary to make a unified Korea’s institutional and physical environment to become more open and flexible. More specifically, globalization for Korea and turning the peninsula into a global business magnet mean that the Koreans will have to become open-minded about foreigners and other cultures, especially about Japan, China, and Russia. Also, Korea’s physical structure has to be restructured in order to become a logistics hub in Northeast Asia. Regional alliance and collaboration could be a central concept in restructuring the physical structure of the Korean peninsula. (The rest is omitted)
- 동북아경제와 한반도 구조개편 전략(Restructuring design for the Korean peninsula in the new regional economies fo Northeast Asia)
- 김원배; 권영섭; 이영아
동북아경제와 한반도 구조개편 전략(Restructuring design for the Korean peninsula in the new regional economies fo Northeast Asia)
|Series Title; No||국토연 / 98-18|
|Subject Country||Eastern Asia(Asia and Pacific)
South Korea(Asia and Pacific)
|Subject||Economy < Trade
Territorial Development < National Land Development