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During the last decade of the twentieth century, the Korean peninsula was the stage for non-stop, dramatic political and economic events. This volume brings together an unusually broad range of perspectives on US policy towards North Korea, the North Korean economy, and North-South economic co-operation and unification. The year 2000 opened a new chapter on the Korean peninsula; the North-South summit in June was no doubt a historical milestone that could lead to major changes on the peninsula. But the fundamental issues herein addressed are still relevant and important. No overnight solutions or magic bullets exist. Essential ingredients for North-South economic co-operation, ranging from regional security matters to policy nuts and bolts, remain little changed.

Assembled in this volume are a diverse group of economists and analysts from academia, government and think tanks in the US and South Korea. Topics range from philosophical to practical policy matters. Students, researchers and policymakers interested in Korea and in the broader issues of economic and political integration will find this volume fresh and insightful.