Economic Transition in Unified Germany and Implications for Korea

265 Pages Posted: 20 May 2018

See all articles by Hyung-Gon Jeong

Hyung-Gon Jeong

Korea Institute for International Economic Policy

Gerhard Heimpold

Halle Institute for Economic Research

Date Written: December 27, 2017

Abstract

German reunification is an important subject of study as a model of unification for Korea, a country which has remained divided for decades. In the process of German reunification, peace was achieved without any physical conflict. Moreover, economic integration was successfully accomplished without any severe shocks.

Meanwhile, it is an important issue whether German reunification methods and policies can be successfully applied to Korea, which presents a different set of political, economic and social conditions. In this book we explore the various social and economic challenges that arose during the process of German reunification, as well as the successes and failures of policies to solve them, and through this suggest policy implications for the Korean government.

Keywords: economic transition, unified Germany, implication for Korea

Suggested Citation

Jeong, Hyung-Gon and Heimpold, Gerhard, Economic Transition in Unified Germany and Implications for Korea (December 27, 2017). KIEP Research Paper. Policy References 17-13. Available at SSRN: https://ssrn.com/abstract=3181828 or http://dx.doi.org/10.2139/ssrn.3181828

Hyung-Gon Jeong (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Gerhard Heimpold

Halle Institute for Economic Research ( email )

P.O. Box 11 03 61
Kleine Maerkerstrasse 8
D-06017 Halle, 06108
Germany

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