IN preparation for unification, reorganization of fiscal law is necessary to achieve reunification than anything else because unification financing is the key component.
but actually considering financial status of south korea, we can not complete uni...
IN preparation for unification, reorganization of fiscal law is necessary to achieve reunification than anything else because unification financing is the key component.
but actually considering financial status of south korea, we can not complete unification through financial input of south korea. so economic cooperation for unification of north and south including Private capital invesment is essential method for unification of north and south Debating unification cost, we must discuss net unification cost(including unification profit) not total cost, because unification total cost can cause fear of south korean peoples. Especially, I call this unification investment which means net unification profit. On north korea land ownership allocation after unification, We must this not in the point of private land ownership principle, but in the point of public interest to lesson unification cost. restriction on north koreans’ freedom of residence into south korea. is a matter of grave concern among the korean economists. restriction on north koreans’ freedom of residence into south korea is not permitted for a long time. Instead through land allocation to north koreans and Private capital investment, we induce north koreans to live in north korea. This means that instead of returning north korea land ownership to original owner or compensating, thorough nationalization of north korea land ownership, we can save unification cost . Finally, because our fiscal conditions is greatly poor, compared with germany, we must prepare differently for our unification financing.
unification invesment economic cooperation for unification of north and south is based on constituitional doctrine of balanced development of regions