Chapter 14: Economic Integration Strategies for Korean Reunification: Lessons from Recent History
14. Economic integration strategies for Korean reunification: lessons from recent history Jiyoung Park GUIDELINES FOR KOREAN REUNIFICATION Fifty years after the Korean War, the first inter-Korean summit meeting was held in Pyongyang on 15 June, 2000, where the two Koreas agreed on a Joint Declaration which led to various action plans. Among them, gradual stepwise approaches to reunification assuring co-existence and co-prosperity of the two Koreas described in Article 2 of the Joint Declaration are shown (Lim and Chung, 2004: 176), but it needs to be understood as part of a three-stage National Community Unification Formula (NCUF). As shown in Figure 14.1, the NCUF suggested basic guidelines for Korean reunification as a long-term strategy, which was announced on 11 September, 1989 by President Roh Tae-woo. The first stage, ‘reconciliation and cooperation’, shows ‘the two Koreas would mutually recognize and respect each other, maintain peace amid division and work to overcome hostility and mistrust through exchanges and cooperation in the social, cultural, and economic fields’ (Ministry of Unification, 2005: 14). In the second phase, the NCUF adopts a ‘Confederation’ stage for establishing a peace mechanism, which would lead to the fostering of ‘a common livelihood in the social, cultural, and economic realms’ and establishes regular summit meetings between the 1st phase Reconciliation and cooperation 2nd phase 3rd phase Confederation Unification Figure 14.1 Three phases of a National Community Unification Formula for Korea 197 M2595 - RICHARDSON PRINT.indd 197 21/04/2011 09:17 198 Regional and urban policy and planning on the Korean...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.