Article in Journal
Was kann Korea vom deutschen Einigungsprozeß lernen? : Rede
Max Eli
ifo Institut für Wirtschaftsforschung, Dresden, 1996
in: ifo Dresden berichtet, 1996, 03, Nr. 06, S.40-48
ifo Institut für Wirtschaftsforschung, Dresden, 1996
in: ifo Dresden berichtet, 1996, 03, Nr. 06, S.40-48
The German unification process shows how serious and difficult the problems are when a country with a communist planned economy is to be integrated into a country with a market economy. Korea can learn from the German experience but should certainly not take the German path, since the starting conditions in Germany are much too different for the Korean situation.
JEL Classification: Z000