A Land Reform Program for the Integrated Korean Economy

Abstract

Since the division of the Korean peninsula in 1945, different land systems have been applied in South and North Korea. When the country will be once reunified, the integration of the different land systems into one poses one of the most difficult tasks. The direction of integration depends, inter alia, on how national reunification will be realized and what kind of economic system will be adopted after unification. Regarding the mode of reunification, there are three different scenarios under consideration: the confederation scenario, the gradualist approach (convergence) and the big-bang approach. In case of the first and second scenario, there would arise little problem with respect to land system sntegration, because both parties would consult with each other and would be prepared to work out a new system suitable for the unified nation. In this paper, no detailed discussions about the modus of national unification will be presented. Rather, the general problems will be put into focus that are likely to occur when the two different land Systems will be integrated into one.