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A Study on the Appraisal as the Management of Land in North Korea after Reunification

  • Public Land Law Review
  • Abbr : KPLLR
  • 2015, 68(), pp.105-134
  • Publisher : Korean Public Land Law Association
  • Research Area : Social Science > Law

Jeong Hoe Gun 1,  최승조 1

1남서울대학교

Accredited

ABSTRACT

Korean Peninsula is the only divided country on the earth. In economic terms, the initial step to unify the divided Korean peninsula into one nation can be said of the installation of "Kaesong Industrial District". The installation of "Kaesong Industrial District" in addition to the designation of "Najin-Seonbong Economic and Trade Zone", "Sinuiju Special Economic Zone" and "Mount Kumgang International Tourism Zone" and so forth is a symbol of inter-Korean economic cooperation as part of the policy of opening to the outside. Changes in these policies will be an opportunity to promote unity and they mean that it is the time for us to prepare and provide for unify. Thus, as a land management plan for the North after the unification, research and preparation for appraisal are the challenges given to us. As land management plans for the North Korea after reunification, various alternatives have their own advantages and disadvantages, but we know that a unified Germany had problems in the process of privatization of East German land, so the promotion of rapid privatization will cause many social and economic problems. Therefore, as a public rental system is a Trade-off model of land privatization and land-sharing system and a long-term lease model to real users while the unified nation, local governments, public institution and private development corporations have ownership of land, we propose a system which minimizes social and economic disruption caused by soaring land and land speculation, but additional research will be needed on whether it is suited for the realities of our post-unification. As land management plans for the North Korea after reunification, land pricing shall be calculated in the appraisal. During the past half-century or more, on the results of the research whether appraisal system of South Korea can afford land pricing of North Korea which does not allow private land and does not need to price land because of state-owned land, in accordance with the division of long-term social, economic and cultural context different from the South, it is impossible to accept the South of Appraisal without filtration. Would enact a special law is needed to minimize the confusion of pricing for management of North Korean land after reunification and an appraisal system applicable to the assessment of land in North Korea is likely to be introduced by the special law. Since the economic situation in North Korea and the economic level in residents of North Korea are improved, due to this purchasing power for land increases, therefore the introduction of a free market economic system is possible, appraisal of South Korea is believed to be able to apply.

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