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Inter-Korea economic relation : Rivaled past, unbalanced present, and integrated future

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  • Inter-Korea economic relation
  • Lee, Doowon
  • The Korean Journal of Economics


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Title Inter-Korea economic relation
Similar Titles
Sub Title

Rivaled past, unbalanced present, and integrated future

Material Type Articles
Author(English)

Lee, Doowon

Publisher

[Seoul]:The Korean Journal of Economics

Date 1995-03
Journal Title; Vol./Issue Yonsei Economic Studies:vol. 2(no. 1)
Pages 30
Subject Country North Korea(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Economic Administration
Holding University of Hawaii

Abstract

South Korea and North Korea have competed vigorously against each other in almost every field since the establishments of both governments in 1948. This paper reviews the past economic rivalry between the two governments, a rivalry which the North dominated in the 1950s and 60s until the South gradually took the lead which it still holds. Throughout the 1980s South Korea has experienced miraculous economic success while North Korea has suffered from the inefficiencies of a centrally planned economy along with the problems caused by an unbalanced development strategy. (The rest omitted)