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Subin Kim
Subin Kim is an NK News contributor based in Seoul, South Korea. He translated Lankov's The Real North Korea into Korean and is a reserve air defense artillery lieutenant in the Republic of Korea Air Force.
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News Korean unification costs would exceed $2.7 trillion: ResearcherAcademic says unified Korea would likely divide into high-tech South, 'mega-farm' North
SEOUL — A researcher estimates that the costs of Korean unification would be greater than those borne by Germany, which he placed at about 2.5 trillion euros ($2.7 trillion) since their unification a quarter-century ago. Researchers gathered Friday at the conference entitled “Prospects on Korean Reunification and Its Global Economic Effects” at the Westin Chosun Seoul, exchanging opinions on a variety of topics including the costs of Kaorean unification. Professor Michael Burda of Humboldt University of Berlin presented his estimation on the costs of the 1990 German unification 25 years later. His estimate was focused on the costs of economic © Korea Risk Group. All rights reserved. |