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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: d[-_-]b who wrote (159953)	2/3/2003 6:01:39 PM
From: tejek	Read Replies (1) \| Respond to of 1576362

re:they've got to do a lot more work to do on their own economy and need to keep working on reducing the Chaebols' influence on commerce and finance. I don't think their economy could handle the impact of an impoverished NK Actually, I think the way to re-unification is to elevate the North's economy - not the Souths. The Chaebol would be the financier to make that happen by creating jobs for those in the North. Some would see this as exploitation, but then ask why are all the US jobs going overseas to India and China. It's not so much exploitation as Capitalism at work, basic functions of resource management, people and money. Oh, I don't disagree that it would be good to elevate NK's economy. I just don't see that as a possibility before reunification unless you depose long jim first and then hold the North as a trust territory for a certain period of time in order to allow it to catch up. However, I don't see that as politically viable since I would expect the residents of both NK and SK will clamor for reunification as soon as it is possible. They could still make it work like you suggest if they don't bring NK's wages in parity with the South's right away. That was a fatal mistake that Germany made. However, again, politically, that would be a hard one to pull off....I think; again, I don't know the politics of Korea very well. Comparing the Korea's to Germany is not even realistic at so many levels - but it always leaps to everyone's minds as the only example we really have. They need to bring businesses to the North as this will promote the creation of infrastructure, roads, rail and power. If the two reunite too early, everyone would just migrate South as the North crumbled. Yeah, Germany and Korea are not the same but in terms of the eco. disparity between the two parts, I bet the gap is about the same although Korea en toto is starting at a much different level. Good point about the migration....that's what Germany feared too, and that's another reason why they brought wages into parity right away. And you know what, I can't tell you how much the former western Germans dislike the ones from the east. They see them as hicks, laggards, and whiners with few if any valuable job skills. And of course, the former GDR Germans see the westerners as rich snobs. I would not be surprised if upon reunification, the same kind of animosity develops between the two Koreas. Its funny, that's all they clamor for but once they get it, only then do they see all the negatives. <g> ted Enter symbols or keywords for search: