The Economist applies the example of German unification to the Koreas‘ Sisyphean task. Drawing on the two courses open to it, massive handouts or immigration, the weekly recommends Seoul split the pain and the difference.
If the Koreas reunified, the government would face a stark choice. It could try to fill the gap in living standards between North and South, through handouts, public investment and subsidies. Or it could brace itself for heavy migration, as poor Northerners moved to the South in search of higher wages.