Sentence examples for cost of unification from inspiring English sources

If South Korea succeeded in persuading the North to open up for a gradual economic integration with the South, the cost of unification would be around $322 billion, it said.

South Korea is loth to contemplate a breakdown in the north because of the cost of unification, given a disparity in living standards that is far greater than newly united Germany had to cope with.

Mr. Lee also proposed a special tax to finance the costs of unification.

The federal government initially believed that the costs of unification could be borne by borrowing and without increases in taxation.

Even the exorbitant costs of unification, which brought about a tax increase, seemed to cause few changes in western Germany.

It contributed to East-West resentment over the social and financial costs of unification, and its first president was assassinated by (West German) Marxists.

In addition to the subsidies, German taxpayers stump up a "solidarity surcharge" of 5.5% of income tax to fund the hefty costs of unification in an arrangement due to last until 2019.

The subsequent combination of growth and stability made West Germany's economic system one of the most respected in the world, though it began to suffer strains beginning in the 1990s, exacerbated by the costs of unification.

Even though there were some minor changes, the rules were too inflexible to account for special situations that required more flexibility (such as dealing with the costs of unification in Germany) and were therefore more a fiscal straitjacket than a helpful mechanism to maintain financial stability.

Add the costs of unification, mostly financed by debt, and it is easy to see why recent budgets violated the constitutional rule that deficits should be incurred only to finance investment.All this also explains why German finance ministers have a hard life.

With this speech, the real costs of unification are clearer.