Waiting a few decades or so till the reunification will save North and South Korea as well as other counties from being in even more debt. If North and South Korea decided they wanted to reunite in the next decade for some reason, they will need to have more money. Where will that money come from? North and South Korea will be in debt to its major contributors like the United States and China, causing them to have to raise taxes to help fund these contributions. “Korea will have to borrow several trillions of dollars from the United States” to start the reunification process started and finished and to a healthy economy. So instead of starting the reunification process right away, the two countries or at least South Korea’s Government should meet and discuss saving up funds to reunify the two one day. They’ll end up borrowing less and maybe even not at all if they save enough(Gerdes, page 101).
On the other hand, the opposite could happen to where if they were reunited, the economy could fall as a result of the country not getting any loans or the country couldn’t fund the money themselves. Kim Jong-un has the possibility of getting his way of still being the supreme leader of the country by either force or South Korea gave into him, and South Korea could end up being back to where is started before is separated in 1948. American soldiers would be forced to leave the country and re...
... middle of paper ...
...only happen over a long period of time and may not happen till decades or even centuries later. If not, our country and theirs can have serious dilemmas within the economy and government. Therefore, the Koreas will watch how much money they spend on exported goods as well as save up money through funds to start the reunification that seems to be inevitable. South Korea holds most of these burdens in making the reunification work, so it is essential that they educate their youth on the dangers and key history of North Korea and on the time before the country divided.Otherwise, savings and funds will be for nothing and the reunification process could be tempered by Kim’s advocates or even he himself. Convincing them to let he and his supporters run the show, and ruin the whole country over again, back into complete seclusion and a failed economy, just like his father.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Issue and Geographical Context Japan invaded Korea in 1910. After WWII Korea became independent from Japan and was divided into North- and South Korea. The United States supported Lee SeungMan in the South and the Soviet Union supported Kim IlSong in the North. The US and the Soviet Union split the Korean Peninsula approximately in half. Together, North and South Korea make up the Korean Peninsula, located in Asia. China lies to the North with only the East Sea separating North and South Korea from Japan.... [tags: Society, Economy, War]
972 words (2.8 pages)
- Reunification between North and South Korea "In our hearts, I think we have already achieved reunification." Kim Bok Young, a clothing retailer in Seoul.1 As a new generation is born and raised that has forgotten the Korean War, the vast majority of Koreans want reunification of the Korean peninsula. The collective group called “Koreans” is a people that were dramatically and carelessly ripped into two states.... [tags: Papers]
2424 words (6.9 pages)
- ... The Soviet Union opposed this idea and would not permit elections in North Korea” (Armstrong). When the United States occupied South Korea, and the Soviet Union occupied North Korea, their only intent was to temporarily separate the two divisions so they can plan out a reunification. They failed, so they had the UN General Assembly do it instead. The General Assembly is an assembly led by the United Nations, which is an organization created for international cooperation. Their idea was to let the people in Korea to vote for their own government, but when the Soviet Union opposed to the ides, the South permanently became a Republic, and the North became a Communist.... [tags: reunification, economy, relations]
1640 words (4.7 pages)
- Effects of Juche and the Reunification of the TWO Koreas Satoshi Yoshimoto North Korea the country that closely resembles Neo-Confucianism solely relies on the ruling ideology of juche. Due to this ideology, the resulting effect regarding reunification of the North and South Korea is that it will be prolonged even though half a century has already passed since the division. Before one can understand the effect, they must understand the principle behind the ruling ideology. The juche ideology was originally presented in 1955 by Kim Il Sung, who believed the North should stand independently of both China and Russia (Cumings, 413).... [tags: South Korea, Korea, North Korea, Korean War]
1389 words (4 pages)
- EFFECTS OF JUCHE AND THE REUNIFICATION OF THE TWO KOREAS Satoshi Yoshimoto As a country, North Korea closely follows Neo-Confucianism which solely relies on the ruling ideology of juche. Due to this ideology, the reunification of the North and South Korea will be further prolonged even though half a century has already passed since the division. Before one can understand this effect, they must understand the principle behind the ruling ideology. The juche ideology was originally presented in 1955 by Kim Il Sung, who believed the North should stand independent of both China and Russia (Cumings, 413).... [tags: South Korea, Korea, North Korea, Korean War]
1451 words (4.1 pages)
- For more than a thousand years, in the Korean Peninsula, Koreans were one; Language, civilization, history were identical. Having shared the same culture during the history of the Korean peninsula by more than a thousand years, it is natural that this half-century break ends one day. Still, some South Koreans oppose the reunification of the North and South Koreas because its cost will be immense. Given that the North Korean share in the total Korean population is larger than that of the GDR in Germany, the costs to be borne by South Korea would be relatively higher.... [tags: South Korea, North Korea, Division of Korea]
1111 words (3.2 pages)
- Since their split with the South in 1945 North Korea has become increasingly isolated and has remained the greatest source of instability in the region. Labeled an axis of evil by the US, North Korea continues to alienate themselves from the international community through numerous antics. First, following their withdrawal from the non-proliferation treaty in 2003, North Korea undertook three nuclear tests in 2006, 2009, and 2013, and has now collected a nuclear arsenal despite the world’s clear message forbidding this very thing .... [tags: North Korea, South Korea, Korea, Korean War]
1068 words (3.1 pages)
- North Korea and the Nuclear Crisis Japanese surrendered to the Allies on August 15 1945, and the Cairo Declaration of December 1943 issued by the British and US leaders stated that "in due course Korea shall become free and independent". The USSR accepted the Cairo agreement, but proposals made by the USA in 1945 led to the division of Korea into two military zones: the area south of the 38th parallel line under US occupation and the northern area under the Soviet control. In 1948, after some quarrels over the type of state to be established in the Korean Peninsula, the two regions established two separated autonomous states. The North supported by the USSR established the communist Democ... [tags: South Korea, North Korea, World War II]
1822 words (5.2 pages)
- The Separation of the Government of Korea Since the nation’s government was separated into two different governments, it was easy for this country to be separated into two different countries as well. Korea is the only divided country in the world and it has been separated for over sixty years. And yet, it does not seem like South Korea nor North Korea is ready for reunification. South Korea and North Korea are really different in so many things today. But why and how did a nation ended up dividing into two different countries and became so different.... [tags: World War II, North Korea, Korean War]
1780 words (5.1 pages)
- The rising tension over the sinking of a South Korean ship reached to a serious conflict between South Korean and North Korea. South Korean is accusing North Korean for firing the torpedo on purpose which resulted in 46 sailors deaths. According to Yonhap news, North Korean military official accused the South of intruding into North Korean waters in the Yellow Sea. North Korea sends a warning message to South Korea by firing torpedo to warn South Korea to not intrude in to their waters in Yellow Sea.... [tags: International Politics ]
1009 words (2.9 pages)