The Promise and Perils of Korean Reunification

April 2009
Monthly Review: An Independent Socialist Magazine;Apr2009, Vol. 60 Issue 11, p50
The article presents a discussion of the economic histories of North and South Korea in the late 20th-century and the political-economic prospects of the reunification of the state. Details are given outlining the two primary paradigms of reunification, both citing the absorption of North Korea by the Southern administrative systems. The economic conditions and policy decisions of South Korea from the 1980s to 2009 are reviewed. Questions are raised regarding the need to reform the political economy of South Korea for such effective unification to occur.


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