What Would Happen if North and South Korea Reunite
Economics Explained
Introduction
This chapter examines the challenges and potential economic consequences of the reunification of North and South Korea, including the lifting of millions out of poverty, but also the difficulties and negative impact on South Korea's economy. It explores the economic costs, lack of education and skills in the North, and vast disparities between the two countries, drawing comparisons to the reunification of East and West Germany.
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