South
Korean president describes a single Korea as a jackpot for the whole of
northeast Asia. Polls suggest the majority of South Koreans support the
concept, but there are deep concerns over the cost of reunification.
Speaking in
the Swiss ski resort of Davos, on the fringe of the annual World Economic
Forum, South Korean President Park Geun-hye told reporters on Wednesday that
the melding of North and South Korea into a single nation would prove to be a
blessing for both. She said it would also bring peace and prosperity across the
region.
"I
think unification would be a great benefit for neighboring countries,"
Park said, indicating that it would trigger massive foreign investment in North
Korea, major infrastructure projects and have a dramatic economic knock-one
effect in China, Russia, Japan and beyond.
"As
unification can provide the northeast Asia region with a fresh growth engine, I
think it will be a jackpot not only for South Korea, but also for all
neighboring countries," she added.
Promises
and dreams
The vast
majority of South Koreans agree with her, although their reasons are more
varied than simply an economic boom. Many have relatives stuck in the North
that they have never been able to meet since the Korean War ended in 1953 in a
stalemate at the heavily fortified Demilitarized Zone.
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| Kim Jong Un has reportedly replaced nearly half of the most important officials, cadres and officers since he took power |
In a poll
conducted by the Hyundai Research Institute in November, 78 percent of South
Koreans said they were in favor of the reunification of the peninsula, with the
highest support rate amongst the elderly. More than 84 percent of people aged
50 or older want to see the nation as one.
But the
promises of a politician, the dreams of a populace and the reality are not
always easy to reconcile.
"Park
has been making these comments in Europe and there are plenty of people who
seem to believe that it will be as easy as she says, but they don't know the
situation here in Korea," Daniel Pinkston, a North Korea analyst with The
International Crisis Group in Seoul, told DW. "I sincerely hope that I am
wrong because there is no doubt that a reunified Korea would be beneficial to
regional and world peace, and there would be huge economic pluses. But there
are all sorts of problems with this scenario," he added.
Brake on
reunification
The first
problem that Pinkston believes will put an immediate brake on the rush towards
reunification is the simple fact that Kim Jong-un appears to have effectively
consolidated his power in North Korea, removing those who posed a threat to his
regime, shunting old guard generals and functionaries out to pasture and
bringing in people who are loyal to him and him alone.
"I
don't see the military turning on Kim and there is no chance of a revolution,
so what is going to topple this regime?" he asked. "I just don't see
it going away anytime soon."
And even
should the political situation be ripe for change, many in the South would
baulk at the estimated cost of reunification to the national economy. In 2013,
Seoul's Ministry of Strategy and Finance estimated that fusing the two
countries would cost 80 billion dollars a year for a decade. Others have
suggested an even higher burden, with The Wall Street Journal suggesting that
the final tally might nudge 5 trillion dollars over a period of 30 years.
Much of the
outlays would have to go on rebuilding the infrastructure of the North, as well
as introducing the basics that people in the South take for granted, such as
hospitals and education facilities.
There is,
of course, a precedent that economists can turn to for a yardstick of the cost.
German reunification had cost an estimated 1.9 trillion dollars by 2009,
although experts also point out that East Germany was in a far more advanced
social and industrial state when the Berlin Wall came down than North Korea
finds itself in today.
China will
have a say
And while
President Park seems to assume that a future single Korea will be on the
South's terms, China might dispute that position. Many believe North Korea is
essentially a client state of Beijing, which finds it convenient to have a
buffer on its northeast border that keeps capitalist South Korea and the United
States military presence at arms' length.
The last
thing that Beijing wants on the Tumen River border is a united, capitalist
Korea that has the military backing of the US.
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| Joe Biden's Asia tour last month was overshadowed by regional tensions |
And,
inevitably, North Korea is going to want to have a say on how a unified nation
will look in the future. And Pyongyang's vision is exceedingly different to
that of Park's.
"It is
typical that they assume they will take over North Korea by force," said
Kim Myong-chol, executive director of The Centre for North Korea-US Peace, and
an unofficial spokesman for the regime in North Korea.
"Park's
comments have no merit and her ideas have no chance of success," he told
DW.
"But
we do agree that there will be reunification within two years," he added.
"We expect to have a two-system formula in place in that time, with North
Korea exerting ultimate leadership."
The experts
said that by that time, the US and South Korea would both bow to North Korea's
military and economic superiority. "The recent discovery of vast deposits
of scarce natural resources, including rare earth minerals, gives North Korea a
virtual monopoly on the sector. The US, Europe and Japan will have to ask North
Korea for cooperation and aid," he said.



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