Peace Dividend and Regional Stability on the Korean Peninsula: Focusing on the South–North Korea Cooperation Fund Allocation
This chapter delves into the concept of a peace dividend on the Korean Peninsula with an attempt to establish a Northeast Asia security community. Starting with an examination of the background of the peace dividend concept and the regional situation in Northeast Asia compared to those on the global level, this chapter asserts that this concept can be leveraged as a tool for facilitating change in regard to dynamism among the government, nongovernmental organizations, and private companies in the three-domain model. This chapter employs the South–North Korea Cooperation Fund as proxy data that demonstrate the two approaches based on the peace dividend – mobilization of civil society and the market.
KeywordsEurope Doyle Harness
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