The unification of Korea as a democratic capitalist state is undoubtedly in the interests of both Koreans and the world at large. The German experience suggests that this transition when it comes about is likely to be difficult in the short-run, however. Most of the decisions about, and the...

Cover -- Contents -- Preface -- Acknowledgments -- Chapter 1: Introduction -- Addressing the Challenge -- Conclusion -- Appendix 1A -- Chapter 2: Growth, Productivity, and Income -- Identifying the Comparators -- Relative International Performance -- Domestic Growth over Time -- Investment and...

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