The two Korean states that have existed north and south of the 38th parallel since 1948 have trodden contrasting paths in political and economic development, the one based on the communist model, the other on the capitalist. South Korea, with its remarkable economic growth in the 1970s, has made a notable impact on the world economy, and it has recently grown significantly in political importance as well. Politically, North Korea retains much of the character of the 'hermit kingdom'; economically, with its centrally planned economy, it has now been left somewhat behind the South. Both states seem preoccupied with eventual reunification, but bilateral contacts are minimal and tension remains high.This paper examines the political culture and the economic development of the two Koreas, as well as the state of the military balance on the peninsula. It looks at the interactions of the two Koreas with the outside world, particularly with the four major powers - China, Japan, the USSR and the USA. It considers in detail the extent and nature of West European interests, and the future role for the Europeans in developments on the Korean peninsula.
|Publisher||Routledge & Kegan Paul|
|Publication status||Published - 1986|
|Name||Chatham House papers|