Under nearly any possible reunification scenario between South and North Korea the southern half will have to fork out a lot of money. The costs are easy to imagine. North Korea lacks adequate infrastructure, health care, food resources or social services to match the South. Understanding this, South Korea’s Unification Minister, Yu Woo-ik, has taken the initiative in his first year of office by lobbying for a reunification fund of 55 trillion won (KRW). This amount will be earned by donation, as opposed to a tax or other funding mechanism.

Starting now with such a fund is wise from the