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A note on unifying the two Korean economies

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  • A note on unifying the two Korean economies
  • Lee, Chung H.
  • Seoul Journal of Economics


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Title A note on unifying the two Korean economies
Similar Titles
Material Type Reports
Author(English)

Lee, Chung H.

Publisher

[Seoul]:Seoul Journal of Economics

Date 1994
Journal Title; Vol./Issue Seoul Journal of Economics:vol. 7(no. 1)
Subject Country North Korea(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Economic Administration
Government and Law < International Politics
Holding Seoul National University

Abstract

This note is written in the hope of contributing to a debate regarding the privatization of state-owned enterprises and collective farms in North Korea if and when unification takes place upon the collapse of the North Korean regime. The German experience of unification suggests that the task of privatization should be separated from that of restructuring and employment creation. A comprehensive development plan as well as an efficient and equitable privatization method are thus needed to minimize the cost of unification on the Korean peninsular.