This paper considers three broad scenarios for Korean reunification. These are reunification through system evolution and adaptation, through collapse and absorption and through conflict. A simulation model is used to estimate the costs of Korean reunification, which span a range between $50...

The relationship between National Interests, National Strategy and National Defence strategy is reviewed. The key elements of transaction cost economics are described and a model of National Defence as an integrated set of industries is described. Changes in the transactions cost environment...