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It's a bit different this time, South Korea is keenly aware of the cost and already has allocated a lot of money towards the possibility. Last I've heard a tax
by oehtXRwMkIs 7y ago
It's a bit different this time, South Korea is keenly aware of the cost and already has allocated a lot of money towards the possibility. Last I've heard a tax and much larger fund has been proposed by various politicians though I'm not sure what the state of that is today. Furthermore, it seems to be greatly beneficial for Korea in the long term due to the abundance of natural resources in North Korea. Goldman Sachs for example predicted in 2009 that a unified Korea would be the largest economy in the G7 after the US in 30 years.