01684cas a2200241 a 4500 AALejournalIMF000374 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451962635 1018-5941 BD-DhAAL BD-DhAAL Kwon, Goohoon. Experiences with Monetary Integration and Lessons for Korean Unification / Goohoon Kwon. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses the timing of monetary integration and supporting economic policies during a rapid and largely uncontrolled process of Korean unification. The paper concludes that the transitory use of a separate currency in each region and supporting economic policies would help limit the initial costs of unification although the extent of the eventual cost reduction would depend critically on the success of ensuing economic reforms in the North during the transition. Maintaining the competitiveness of the northern economy would need to be a primary policy objective in the case of an early introduction of a common currency. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1997/065 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/065/001.1997.issue-065-en.xml IMF e-Library