Re:Two Koreas Agree to End War This Year, Pursue Denucleariz...
by conanbatt on Friday April 27, 2018 @01:25PM
(#16942529)
If N.Korea liberalized its economy private capital will do wonders, from everywhere in the world. The costs of the bureaucrats to create passports and the sort is negligible. It would be different if the government wanted to build schools, cities, buildings and the such, but that is an option not a necessity.
In principle, I would not make the government pay for anything significant and it would sort itself out.
Long-term I'm sure it would be profitable, but would South Korea dare make that investment in their current period of tremendous growth? The opportunity cost loss is massive. Would US/China help invest?