The costs and benefits of unification on the Korean peninsula

책 소개

2015 is the final and the fifth year of systematic review on unification cost and benefit that began in 2011, and aims to derive objective outcome for unification cost and benefit by way of putting together and summarizing studies conducted at home and abroad up until now. The study results on the unification cost and benefit in political, social and economic sectors will serve as foundation for the follow-up studies down the road and is expected to contribute to forming objective perception of unification and presenting positive vision for the future. As in the previous studies, the political sector is composed of 4 areas such as political, administrative and security and is analysed focusing on conceptual components of unification cost and benefit. The cost and benefit that can occur in the unification process of the Korean Peninsula in the social sector are divided into 4 areas (civil society, education, health and welfare, and culture, sports and tourism). Representative indicators are selected for each area based on the existing studies to discuss the possible cost and benefit, and attempts are made to come up with rough quantitative estimates. The unification cost and benefit analysis in economic sector is carried out using a macro economic model for the stages of unification presented in the route of guiding type unification. The model used in the analysis is the expanded Dynamic Stochastic General Equilibrium which is widely used in macro economic studies. The systematic review is characterized by comprehensiveness in its approach as it looks into the cost and benefit associated with the unification by sector, stage of unification and region (local and international). Therefore, it is expected to contribute to preparing for and forming objective perception of unification. Keywords: Unification costs, Unification benefits, Political area, Social area, Economic area

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