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Preface Ⅰ.A Study to Analyze CostBenefits of the Reunification of Korean Peninsula to the United States (Marcus Noland) 1. Unification Scenarios and Interests of the United States 2. General Equilibrium Calibration of Unification 3. Implications for the United States from the Gravity Model 4. Policy Issues Ⅱ.A Study to Analyze CostBenefits of the Reunification of Korean Peninsula to China (Jin Jingyi et al.) 1. Introduction 2. Ideal Condition of the Korean Peninsula within China’s Development Strategy in Northeast Asia 3. Unification of the Korean Peninsula and Economic Benefits for China 4. Unification of the Korean Peninsula and Security Benefits for China 5. Sino-Korean Cooperation Strategies for Korean Unification 6. Conclusion Ⅲ.A Study to Analyze CostBenefits of the Reunification of Korean Peninsula to Japan (Kyoji Fukao et al.) 1. Introduction 2. Scenarios of Economic Development after Unification 3. Increase in GDP and Employment in Japan and Other Major Economies 4. A ‘Super Korea’ as Japan’s Rival in the East Asian Division of Labor 5. Financing North Korea’s Infrastructure 6. Role of Japanese Private Firms in Supporting the Infrastructure Projects Ⅳ.A Study to Analyze CostBenefits of the Reunification of Korean Peninsula to the Russian Federation (Alexander Zhebin et al.) 1. Factors Determining Russia’s Korean Policy 2. Major Shortcomings of the Existing Reunification Scenarios 3. Cost-Benefits of 5 Unification Scenarios 4. Suggestions for South Korea’s Unification Policy Ⅴ. The Effects of Economic Integration between South and North Korea(Sung Hankyoung) 1. Introduction 2. Changes due to Economic Integration 3. Model and Scenario 4. Analysis of Results by Scenario 5. Comparative Analysis of Scenario Result