CONTENTS
Foreword = ⅲ
Tables and Figures = ⅸ
Contributors = xv
Introduction and Summary / Lee-Jay Cho ; Yoon Hyung Kim = 1
Reunification Scenarios and Economic Models = 2
Structure of This Volume = 4
Conclusions = 16
References = 18
Part Ⅰ. Overview of the Two Economies
1. Comparative Analysis of the North and South Korean Economies / Bon Ho Koo ; Dongho Jo = 21
Antecedents to the Two Economies = 21
Economic Management, Planning, and Performance = 25
Industrial Structure = 49
Economic Powers = 52
References = 56
Part Ⅱ. System Comparisons and Reforms
2. Resource Allocation System / Chung H. Lee = 61
Systems of Allocation Compared = 61
Issues for the Transition = 67
Reforms Proposed = 69
References = 77
3. Rural Economic System / Pal-Young Moon = 79
Systems of Rural Economy Compared = 79
Issues for the Transition = 92
Reforms Proposed = 94
Appendix : Major Agricultural Indicators = 101
References = 105
4. Fiscal System / Chong Kee Park = 107
Fiscal Systems Compared = 107
Issues for the Transition = 125
Reforms Proposed = 128
References = 131
5. Social Welfare System / Jin park = 133
Systems of Social Welfare Compared = 133
Issues for the Transition = 137
Reforms Proposed = 145
References = 151
6. Financial System / Pyung Joo Kim = 153
Money and Banking Systems Compared = 153
Issues for the Transition = 169
Reforms Proposed = 175
Appendix : An Overview of the Socialist Banking System = 177
References = 180
7. Employment and Wage System / Sookon Kim = 183
Systems of Employment and Wage Compared = 183
Issues for the Transition = 196
Reforms Proposed = 205
References = 206
8. Industrial Policy and R & D System / Linsu Kim = 209
Systems of Industrial Policy and R & D Compared = 210
Issues for the Transition = 229
Reforms Proposed = 235
Appendix : An Analytical Framework = 240
References = 242
Part Ⅲ. Economic Cooperation and Integration
9. Foreign Exchange and Trade Regimes / Kwang Suk Kim = 247
Foreign Exchange Regimes Compared = 247
Foreign Trade Systems and Policies Compared = 253
Structure of Interregional and foreign Trade Compared = 259
Issues for the Transition = 266
Reforms Proposed = 268
References = 272
10. Inter-Korean Economic Relations / Ha-cheong Yeon = 275
North Korea's Economic Opening = 275
Lessons from German Economic Cooperation = 283
Suggestions for Promoting Economic Exchange and Cooperation = 285
References = 301
11. Rapprochement Model for Economic Integration / Hong Tack Chun = 303
Issues of Economic Integration = 303
Planning for Gradual Economic Integration = 313
Contingency Policy for Rapid Integration = 316
References = 322
