On the Korean peninsula, there exist two sovereign states—the Republic of Korea (ROK or South Korea) and the Democratic People’s Republic of Korea (DPRK or North Korea)—both of whom hold separate membership at the United Nations. This book discusses the construction of "one Korea" and highlights the potential benefits of unification for the Koreans and the international community. Arguing that Korean unification is intrinsically international in nature, the authors outline how the process and outcome would impact upon the policies of the four major powers—the U.S., China, Russia, and Japan. In addition, the authors highlight the possible far-reaching repercussions of unification on the political and economic dynamics of Northeast Asia. Making a case for the two Koreas and interested powers to plan and orchestrate their acts for sustained peace and gradual unification on the Korean peninsula, this book examines the Korean question and the related issue of peace building in Northeast Asia from a global perspective. It will be of interest to students and scholars researching politics and international relations.

Peaceful Korean reunification would end a growing nuclear threat, ease regional and geopolitical tensions, and bring about significant economic growth and cooperation in resource-rich Northeast Asia. The central assumption of this book is that peace and reunification can be achieved by changing the underlying incentive structure for all North Koreans, and by offering its leaders a safe, honorable and profitable way out of a deteriorating situation. Economic stagnation and increased awareness of the better life beyond their borders has led to growing dissent inside North Korea, while dynastic transition and the rise of a new generation of leaders may have opened a new opportunity for political acquiescence. The book outlines a Korean Peace Fund strategy that provides for global elites, corporations and governments to raise $300 billion to give to North Korean power elites, military officers and common people if they agree to reunify under South Korean political leadership. Kim Jong-un would likely be hailed worldwide for participating in a win-win, face-saving resolution.

Includes music.