TY - JOUR PY - 2006// TI - Korean reunification: how it might come about and at what cost JO - Defence and peace economics A1 - Wolf, C. SP - 681 EP - 690 VL - 17 IS - 6 N2 - This paper considers three broad scenarios for Korean reunification. These are reunification through system evolution and adaptation, through collapse and absorption and through conflict. A simulation model is used to estimate the costs of Korean reunification, which span a range between $50 billion and $700 billion, and a median estimate between $330 billion and $350 billion, about $60-70 billion per annum over five years. Various ways of distributing these investment costs are outlined and the likely benefits of reunification are also assessed.
LA - SN - 1024-2694 UR - http://dx.doi.org/10.1080/10242690601025690 ID - ref1 ER -