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Reunification will have huge costs for South. Also there were already few generations so "family reunion" is not really a motivation anymore. For elites/high s

Reunification will have huge costs for South. Also there were already few generations so "family reunion" is not really a motivation anymore. For elites/high skilled workers/business of North unification is dangerous because they will be useless. For elites/business of South unification gives access to resources and to mainland, but has cost of humanitarian crisis. Ideal situation for South - "Korean union" where North is independent and has somewhat democratic and calm government.

tomjen3 9y ago
It was also insanely expensive for west germany (though not as much as here), but it was their goal from the start. >Germany agreed to pay about 55 billion deutschmarks to the Soviet Union in gifts and loans, the equivalent of eight days of the West German GDP.[1] Which if applied to US numbers 2016 GDP would be about 0.5 trillion dollars. The same source said the Germans would have paid 100 billion marks or roughly a little under 2 trillion. [1]:https://en.wikipedia.org/wiki/German_reunification https://en.wikipedia.org/wiki/German_reunification Quickly googling numbers, it get between 100 billion euros and a trillion dollars[2] [2]:https://www.quora.com/What-would-it-take-for-North-and-South-Korea-to-reunite https://www.quora.com/What-would-it-take-for-North-and-South... The economic ration between the two countries are estimated to be not the 1:3 east and west germany was but more like 1:20 and the norks has half the numbers SK has, whereas there were 1 east german for every 2 west germans. However that also does not take into account that a united Korea would be a huge economic powerhouse[3] (with a fully developed north, which will obviously take some time), Goldman Sacks estimate that it could have an economy that is bigger than any other G7 country, except the US. Given that interest rates are super low right now, it might not be a bad idea to get some long interest loans for a unification. [3]:http://koreatimes.co.kr/www/news/biz/2009/09/123_52202.html http://koreatimes.co.kr/www/news/biz/2009/09/123_52202.html

tomjen3 9y ago

It was also insanely expensive for west germany (though not as much as here), but it was their goal from the start. >Germany agreed to pay about 55 billion deutschmarks to the Soviet Union in gifts and loans, the equivalent of eight days of the West German GDP.[1] Which if applied to US numbers 2016 GDP would be about 0.5 trillion dollars. The same source said the Germans would have paid 100 billion marks or roughly a little under 2 trillion. [1]:https://en.wikipedia.org/wiki/German_reunification https://en.wikipedia.org/wiki/German_reunification Quickly googling numbers, it get between 100 billion euros and a trillion dollars[2] [2]:https://www.quora.com/What-would-it-take-for-North-and-South-Korea-to-reunite https://www.quora.com/What-would-it-take-for-North-and-South... The economic ration between the two countries are estimated to be not the 1:3 east and west germany was but more like 1:20 and the norks has half the numbers SK has, whereas there were 1 east german for every 2 west germans. However that also does not take into account that a united Korea would be a huge economic powerhouse[3] (with a fully developed north, which will obviously take some time), Goldman Sacks estimate that it could have an economy that is bigger than any other G7 country, except the US. Given that interest rates are super low right now, it might not be a bad idea to get some long interest loans for a unification. [3]:http://koreatimes.co.kr/www/news/biz/2009/09/123_52202.html http://koreatimes.co.kr/www/news/biz/2009/09/123_52202.html