Comments on: United Korea: bigger than Japan? http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/ Shining a light on the dismal science Wed, 16 Nov 2016 01:39:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: George http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1185 Fri, 02 Oct 2009 06:53:18 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1185 looks like the Korean people have a bright future ahead of them

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By: Charlie http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1175 Tue, 29 Sep 2009 18:59:28 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1175 Some optimists are even predicting reunification in within this generation. But I think their ideal is unlikely to be realized for the time being. Of course, there is no knowing what the future may bring forth. However, before we -I guess, the world- gets too carried away with United Korea story, we should think what the obstacles are that face them. I want to raise two points and bring some reasons forward.
■ Political issues: The US refused to offer new concessions to bring back North Korea to a new round of talks and Bush took a view labeling North Korea part of an “axis of evil,”several years ago. He was partly in the right. It was also true that even Myanmar broke off diplomatic relations with North Korea in 1983, after North Korean agents set off a bomb in Yangon that killed visiting South Korean officials, including cabinet ministers. Experts on politics are always warning that civil war could break out in the province. There is also language difficulty between the South and the North. Have they had the language in common? Nope! North Korea couldn’t have broken through conventionalities.
■ Economic problems: South Korea, without any question, in this century is becoming the developed nation of Asia, also in the world of technology and science. But North Korea is the world’s poorest nation, still lack access to sea trade-if it would be possible, we could bring in inexpensive items from the Far East. North Korea’s economy is on the brink of breaking down but analysts don’t believe that the regime will take steps to bring in more foreign investment. Material well-being is thing of the utmost importance to human happiness, and it is thing that only North Korea’s government can bring about-no one can’t threaten to bring down his/her government.
Like the preceding, there is a widening gap between the South and the North. These factors are believed to be hampering efforts to form a national unity government in the Korean Peninsula. I think we could know what to set your priorities straight. The six party talks, which bring together the US, South and North Korea, Japan, China, and Russia, started in 2003, but are currently stalled. The first job is not to reunificate but to keep North Korea on track. It is like that when they leave their cars, they should lock all valuables in the trunk or glove box to avoid tempting a thief to break in.
Additionally, funny Goldman Sachs will bring out a new project in October-when people bring up negatives, you divert the negative.

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By: YJ http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1167 Mon, 28 Sep 2009 12:17:59 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1167 well. Don’t need to be sensitive.

One critical pre-requisite Sachs set for the pink-colored future in the peninsula is “North Korea should give up its nuclear ambition in order to reform communist system into opposite way.”

Who knows it’ll happen tomorrow?
Who knows it won’t happen till 2050?

Who knows about the future of North Korea?

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By: Roberto http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1133 Fri, 25 Sep 2009 07:04:37 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1133 The phrase “North Korean GDP” alone was good for a laugh-out-loud-(and-look-embarrassedly-a round-the-coffee-shop) moment.

There are so many things wrong with this picture it really is funny to contemplate them. Briefly. [If I were a young and underemployed Goldman analyst, I might spend more time, chuckling madly to myself …]

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By: Jeff http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1128 Fri, 25 Sep 2009 03:11:34 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1128 Really now, Unified Korea with 110 million people? Funny Goldman Sachs, funny.

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By: Fiona http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1103 Tue, 22 Sep 2009 12:25:26 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1103 Lots of ifs and maybes laden in that Goldman – Lets be realistic though:

North Korea closed down its largest market in June in the Communist government’s latest attempt to curb capitalism in the country, a monitoring group in South Korea said Monday.
http://www.cbc.ca/world/story/2009/09/21  /north-korea-closes-market-capitalism.h tml

The United Nations says some 8.7 million North Koreans – more than one third of the population of 23 million – are in need of food aid, marking the country’s worst food crisis since a famine in the late 1990s that by some estimates claimed the lives of three million people.
http://www.theglobeandmail.com/news/worl d/north-korea-starving-in-silence/articl e1278941/

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By: Brian http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1100 Tue, 22 Sep 2009 07:56:07 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1100 Sure…jump on a nation’s untapped wealth (if that were remotely possible in this case), throw in billions to set up the infrastructure and facilities…then watch (again) as a country either arbitrarily gives you the boot or offers to “buy” the company.

What ever happened to investing in *this* country, anyway??

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By: Keith http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1095 Mon, 21 Sep 2009 14:43:06 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1095 If U.S. military support were to be removed from South Korea then what percentage of their GDP would South Korea need to spend?

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By: Feed Me $eymour http://blogs.reuters.com/macroscope/2009/09/21/united-korea-bigger-than-japan/comment-page-1/#comment-1094 Mon, 21 Sep 2009 14:20:31 +0000 http://blogs.reuters.com/macroscope/?p=2146#comment-1094 Leave it to Goldman Sachs to evaluate a country primarily in terms of their potential to feed/impact their greed. They’ll never learn.

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