Global Economic Consequences of Korean Re-unification. This research aims to model the economic implications of Korean re-unification and explore the spill-overs to key economies in the region, including Australia. The approach is understood to be first to develop a model for the existing North Korean economy in collaboration with South Korean researchers at Korea University. This model is intended to be embedded in an existing global economic model. The project aims to then explore scenarios of ....Global Economic Consequences of Korean Re-unification. This research aims to model the economic implications of Korean re-unification and explore the spill-overs to key economies in the region, including Australia. The approach is understood to be first to develop a model for the existing North Korean economy in collaboration with South Korean researchers at Korea University. This model is intended to be embedded in an existing global economic model. The project aims to then explore scenarios of integration between North and South Korea focusing on changing production structure, development in human capital formation, technology transfer, immigration flows within a unified Korea and the impact on trade and financial flows that may result from different scenarios of how unification will proceed.Read moreRead less