Korean Unification Prospects: An Assessment Through the BDN-Model
Quality & Quantity Journal, Volume 50, Issue 3, pp 1059-1072, May 2016
Posted: 23 Mar 2015 Last revised: 19 Apr 2016
Date Written: March 22, 2015
The debate on the possible unification of South Korea and North Korea has often been assessed from the economic perspective, which is insufficient since unification entails not only the integration of two economies but political, social and technological integration of two territories. Using the Box Negotiation Diagram Model (BND-Model), this paper expands the scope of the study on South Korea and North Korea unification through a multidisciplinary approach encompassing the political, economic, social and technological perspectives. Given the huge imbalanced points of unification drawn from our analysis, we observed more divergence than convergence hence, hinging the possibility of unification of serious negotiation.
Keywords: economic unification, economic modeling, South Korea, North Korea
JEL Classification: F15
Suggested Citation: Suggested Citation