Citation

Wolf C. Def. Peace Econ. 2006; 17(6): 681-690.

Copyright

(Copyright © 2006, Informa - Taylor and Francis Group)

DOI

10.1080/10242690601025690

PMID

unavailable

Abstract

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.