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Don’t Discount Reunification

February 27, 2018 — 1 Comment

Future Economics

Conventional analysis of Korea seems to be incorrect in its view of the probability of North-South reunification. The conventional view is that reunification grows more unlikely as the disparity in wealth between the North and South (now far greater than that between West and East Germany in the 1980s) continues to increase, and as young South Koreans, who tend to be more opposed to reunifying with the North, come of age.

While we have no way of knowing what the odds of reunification are, we should recognize that the logic behind these conventional views is not sound. Most South Koreans are Baby Boomers or senior citizens, so the issue of young Koreans tending to oppose the idea of reunification may not be nearly as relevant as one might think. An estimated 58 percent of South Koreans in general favour reunification.

As for the enormous economic disparity between the North and…

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그냥 심심해…

도둑조차도 선악의 기준이 있다. (Even thieves have their standard of good and evil.)

Korean Proverb, 한국 속담

인생에서 단순하고 소박한 아름다움을 하나씩 찾아 모으며 나날을 보내는 것 외에 그 어느 것도 바라지 않은 사람이야말로 더없이 행복한 사람이다. (That man is happiest who lives from day to day to day and asks no more, garnering the simple goodness of a life.)

Korean Proverb, 한국속담