Saturday, June 9, 2018

Imagining A Unified Korea


Nikkei Asian Review: Imagining a unified Korea

Experts weigh in on the practical challenges and potential ramifications of a North-South union

It is 2060, decades after South and North Korea made history by agreeing to unify. The process has been long and difficult, but the Korean Peninsula is now home to the world’s 10th-largest economy, with a gross domestic product of $5.5 trillion -- eclipsing South Korea's $1.4 trillion in 2013. The KTX bullet train, which served only the residents of South Korea when it was built in 2004, now criss-crosses Eurasia, linking Seoul with Paris.

Unifying two vastly different nations -- one a technology and manufacturing powerhouse, the other an isolated dictatorship with a history of famine -- has been expensive, costing trillions of dollars. But it is starting to pay off: The economic benefits of integrating the two countries now outweigh those costs by three times.

Read more ....

WNU Editor: The above post is a summary of views and analysis from the people in the region on how they imagine a unified Korea will look like. As to what is my take .... when everyone in East Germany realized that the soldiers at the border were no longer interested in enforcing the border, the border then fell apart. The same will happen between North and South Korea. As to when will that happen .... my gut is telling me that it will probably happen sooner than what most people are expecting.

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