Division Between North & South Korea

Asian expert Marcus Noland (2000) refers to the two ways of reforming centrally planned economies in Asia: "the unsuccessful European big bang approach, and the successful Asian gradual approach." Although Noland believes the Asian view is mistaken, I believe that it is the best approach to take, especially given the devastating economic conditions of North Korea. The South Korean unification plan is one that would take place over two generations. Given the economic conditions in North Korea and the hard line ideological differences between the North and the South, a gradual approach would be more salutary, and in the long run, more lasting.

In fact, when South Korean President Kim Dae-jung first announced his "Sunshine" policy, which brought him the Nobel Peace Prize, he made it clear that an easing of tensions and reconciliation between the two Koreas was the goal, a goal that would take many years to reach given the very real differences and problems that exist between South and North Korea. Kim's approach is a balanced one. He pledged that South Korea will not absorb North

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Approximate Word count = 987
Approximate Pages = 4 (250 words per page)

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