Economic Impact Of Korean Reunification

Following the Korean War and the rebuilding of their societies, both North Korea and South Korea’s economies have depreciated and fluctuated. With their different economic systems, one using the military and the other using trade, they both have received different results.

In this seemingly peaceful world, the Korean Peninsula has been seen as one of the hottest potatoes in the world. Many people do not acknowledge that the Korean War has not ended, but the event settled with just an armistice since the tension of the war became so intense between not only two Koreans, but other major countries such as Russia, China, and the United States. Even an armistice of the war, there still remains severe tensions in the Korean Peninsula and because of this, questions like why Korea has been the only divided country in the world and what has increased the tension between two Koreans have been brought up to historians. And to the answers to the questions about the modern Koreans is the war

After the war, both Koreas moved quickly to rebuild and modernize. North Korea, which was more industrialized than South Korea before the war, rebuilt quicker. Unfortunately, North Korea’s economy suffered, because of the break-up with the Soviet Union. Eventually South Korea evolved into a industrial society, who became a heavy exporter to the United States. Overall after the war both Koreas have been successful, but still face the challenge of

The country of Korea has been in turmoil for centuries and was founded on its turmoil of being unified and separated. Several objects stand in the way of them being unified once more the DPRK prefers communism while the ROK prefers Democracy both sides want to be united but can’t due to different morals, beliefs, and political views. And the history of Korea hasn’t always been pleasant due to wars and the attempted colonization of Korea by the Japanese.

It has been almost sixty-five years since the split of Korea into the North and South. Although it was not until 1953 when Korea was confirmed by a signed agreement that it is spilt in North Korea and South Korea. As a result of Korea separating into two countries, two different people were in power with different types of governing. Although both countries were once one single country, they both have merged into two totally different countries, that if in the future they came back together to be one country it would be difficult to comprise their rulers and come to an agreement of governing between them.

After North and South Korea became separate countries after the Korean War families were separated and the peninsula became divide. Re-unification has become desire for many since the separation. Families could once again become reunited and the North Korean nuclear threat would be mitigated. Thankfully, the communist regime of the North is not sustainable and will eventually fall within the next 5 to 8 years; however, the fall of North Korea will present its own series of problems.

After the Japanese invasion, Korea had been swept into turmoil, which lead to the division of the country into two separate states. In the North the Democratic People's Republic of Korea, (D.P.R.K.) and in the South the Republic of Korea, (R.O.K.). The United States presence in South Korea would remain until an independent and unified Korean government was established successfully in the country. Following the impact of the Korean War, South Korea has undergone significant reform, which has aided in many changes in the cultural, economic, and political growth in the country.

After Japan’s defeat from the World War II in 1945, Japan lost its colonies and the fate of colonized countries was given to the United States and the Soviet Union. The victorious allies, the United States and the Soviet Union, finally agreed to divide Korea into two nations, with Soviet troops occupying the north and U.S. troops in the south regardless of Korean’s opinion. Under the short-lived joy of liberation from Japan, Koreans had to suffer from the tragic division. This arrangement was meant to be temporary until elections could be held to unify the country under a single government. However, those elections were never held. The allies from World War II were broken into the communist and capitalist society. The Soviets installed a communist

Firstly, he expects to find what factors led to division of the Korean Peninsula. He also expects to find information regarding Korean War which many Korean people believes the main factor that led to establish of two Koreas. Secondly, he expects to find what the unified Korea would look like in the future (possibly in the year of 2050 if the reunification actually happens). Finally, this writer expects to find several suggestion from experts, including political science professors and policy makers regarding the topic of Korean reunification. This writer is personally eager to learn about what would the unified Korea would look like (both politically, economically and socially) in mid of the 21st century would look like. This is because this writer personally would like to know what Korea his generation would inherit to the next if the reunification actually do

The collapse of the North Korean regime would result in major political, social, and economic changes in the peninsula, and across the globe. Kim Jong-Un should be kept in his position of power, only if he can be persuaded to convert the country from isolated communist into an open Constitutional monarchy. This change would be far superior to just assassinating Jong-Un, as the latter would leave a power vacuum that could be filled by a worse party that would utilize Korea’s nuclear arsenal to attack the West. Another idea by a few would be to seize power from Kim Jong-Un and just reunite the two Korea’s. The problem with this idea is that the two countries have vastly different economic situations. The difference in the income per person is

Back in 1953, North Korea separated as communism while South Korea separated as democracy. The ideals of Communisms were very pleasing to many people because communism offered a fair and equal society to all people where division or any discrimination was despised. However, with human nature of selfishness and greed, the communist government of North Korea transformed into an oppressive tyranny. Consequently, the nation was prone to be in great trouble in the present age.

The first aspect is politically. Without the separation, South Korea would have a communist president. The second aspect that affects the daily lives of South Koreans is socially. The separation caused family and friends to get split up. It caused mothers to get split up with daughters and never get to see each other again. The last aspect that affects the daily lives of south koreans is economically. The spilt up between the two koreas, meant that South Koreans now had the basic freedom of picking their own job. Along with being able to pick their own job they also got paid more. Basic freedom is not everywhere, it is something that people need to be thankful for. There are places in this world where the people are told what to believe instead of having the freedom to have their own beliefs. Be thankful for every basic freedom, because not everyone has

Beginning in the early 1940’s, Korea has been a split nation; the great divide that happened in initially in 1945 was just the beginning of what would become one of the world’s most infamous splits of a country. Radically different in political regime and agenda, these countries provide for a very complex case study of border conflict. Due to its extremely repressive regime, North Korea stands as one of the worst places to call home in the world, while South Korea is incredibly more liberal. Despite the inescapable amounts of propaganda imposed on the citizens of North Korea, the current generations of North Koreans hold ties to South Korea through separated family, making South Korea a very attractive but forbidden land. While South Korea continues to center its foreign policy on loosening the strict rule of the North Korean government, North Korea remains stubborn and the struggle remains in tow with the stark differentiation between ideologies politically, militarily, and culturally.

With the creation of a popular democratic front, KIM IL SUNG will be a suitable candidate to head it” (Report on Communists in Korea). If it weren’t for the Soviets, there would be less separation and the North and South Korean governments would be completely different. The author refers to the mass separation between the two parties but doesn’t really pay any attention to it, “In South Korea, besides the Communist Party, the strongest party is the Democratic Party, which represents the interests of the big landowners and capitalists. The party numbers about 10,000 and is headed by Song Jin-u. The party openly engages in pro-imperialist and anti-Communist propaganda”(Report on Communists in Korea). The Cold War affected North Korea in ways other than politically, also.

At the end of World War II, Korea was a poor former agricultural colony of Japan. But the rapid growth of Korea’s industrial economy has been remarkable. The economy of South Korea is now the third-largest in Asia and the 13th largest in the world by GDP as of 2007. To trace back the economic development of South Korea, the former president Park Chung-Hee played a pivotal role, and was credited for shifting its focus to export-oriented favoring a few large conglomerates. Unlike his predecessors, Park showed a strong commitment to economic development, believing good economic performance as a primary means for enhancing his political legitimacy. Under the President Park Chung-Hee’s era, the government played a dominating role in a