August 19, 2022

“Peace Economics”: cure, or chimera?

Unification has an economic upside, Moon says. But are his assumptions realistic?

Our first article examined President Moon Jae-in’s startling claim, made in early August, that “Korea can catch up with Japan economically through inter-Korean cooperation.”

Probably not endearing ourselves to the Blue House, this author noted that the thrust of this was not so different from his predecessor Park Geun-hye’s view that Korean unification would be some kind of jackpot or bonanza.