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Division Between North & South Korea

Of course, there are arguments for a quick reunification based on reuniting families and friends, and on nationalism. The example of the quick reunification of East and West Germany is also used as a basis for rapid unification, but the German example does not readily apply to Korea. The collapse of the Soviet Union accelerated German reunification. But North Korea was not tied to the Soviet Union, but to China, which shows no signs of collapsing. The adverse economic consequences on West Germany was pointed out in a New York Times article (Dec. 3, 1990) which stated that "the balance of political forces may vacillate widely and frequently over the next four years...Mr. Kohl's challenges include an inevitable increase in taxes to finance the huge costs of rehabilitating Eastern Germany."

The high cost of rehabilitating or absorbing the North Korean economy would have an unhealthy affect on South Korea.

The Construction and Economic Research Institute of Korea, which is a think tank affiliated with the Ministry of Construction estimates that "the North Korean infrastructure is at around South Korea's 1975 level, and that it would cost more than $6 billion to bring it up to South Korea's 1990 level" (Noland, "Economics of National Reconciliation," 2000).

South Korean Minister of Culture and Tourism, Park Jie W

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Division Between North & South Korea. (2000, January 01). In LotsofEssays.com. Retrieved 07:55, October 25, 2014, from http://www.collegetermpapers.com/viewpaper/1695715.html
 
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