International Reports

Korean Reunification

by Dr. Norbert Eschborn, Young-yoon Kim

Possibility or Pipe Dream?

After 60 years of division, the differences in the lives of people in the North and South of the Korean Peninsula are probably greater than ever, the interests of the people have shifted and the idea of one nation has perhaps become much less important. Considering the substantial differences between North and South Korea in terms of per capita income, it is reasonable to assume that South Korea would have to bear the lion’s share of the costs of reunification and that these costs would be significantly higher than was the case in Germany.