The Korea Institute for International Economic Policy (KIEP) co-hosted the international seminar with the Friedrich Ebert Stiftung (FES) on 'Two Year Since the German Unification: Economic Evaluation and Implications for Korea', on October 1-2, 1992.

German unification has provided Korea with a number of important implications. Studies on Germany's unification are of greater importance. German unification suggests the possibility of a united Korea. However, the two-year experience of unified Germany also suggests that the unification process can be accompanied by severe suffering and anguish, more than ever expected. The aftermath of Germany's unification demonstrates a difficulty associated with the combining of two different nations with different political, economic and social system.Consequently, from the lessons learned from the German experience, it has now become apparent that South Korea should immediately expend its efforts to gather the wisdom and energy of its people.

I. Alternatives and Consequences for Intergration of Two Economic Systems
- System Transformation and System Integration in Eastern Germany and Eastern
Europe: Some Lessons
- Speed and Timing of Economic Integration: Unification Cost Approach

II. Economic Integration and Adjustment of Industrial Structure
- The Treuhandanstalt: Attempt at a provisional
- Diffenrence in Industiral Structure of Two Koreas and Prospects for Economic
Integration

III. Economic Integration and Employment Policy
- East-German Labor Markets: Problems, Prospects and Policy
- Labor Market Consequences of German Unification and Its Implications to Korea

Appendices