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This lecture studies economic development history and current economic issues of South and North Koreas. After comparing North and South Korean economies in terms of basic macro-economic variables like income, growth, industrial structure, and so on, we further study the current economic situation of North Korea after UN Security Council’s sanctions from 2016.
In the final part of this lecture, our understanding of the economic impact of North-South Korea reunification on neighboring countries is provided. For this part, German reunification experiences will be employed as a benchmark of Korean peninsula reunification.
Recorded video of the lecture:
About the lecturer
Prof. Sei-Wan Kim is the chair holding professor at the Department of Economics at the Graduate School of Political Sciences at the Ewha Woman's University in Seoul, South Korea. After studying, graduating, and teaching in the field of economics at different universities in South Korea and the United States he began working at the Ewha Woman's University in 2006. He is working and researching financial economics, macroeconomics and econometrics.