South Korea

    Featured Articles

  • A social demand/spending mismatch is plaguing South Korea.

    South Korea's Social Demands Outpace Social Spending

    South Korea’s economic rise since the 1960s could be attributed to many factors: its geographic position, a homogenous and hard-working population, sound economic governance exercised by authoritarian governments, and a conducive geopolitical environment. It has economically matured, having raised its per capita income fivefold since the 1950s, when it was estimated to be lower than India’s.

    view 0

  • Homophobia was very visible in this year's South Korean politics.

    Homophobia Still Front and Center in South Korean Politics

    A notable element of South Korea’s general elections in April 2016 was the hypervisibility of anti-gay political rhetoric, promulgated especially by the fledgling Christian Liberal Party (CLP). An ultra-conservative Protestant political party established in March 2016, the CLP ultimately failed to gain a seat in the National Assembly — but it came close, earning 2.6 percent of votes nationwide, just shy of the 3 percent required for a proportional representation seat.

    view 0

  • There will be a high bar for the next South Korean President.

    The South Korean President may have to Redefine 'Winner'

    General elections are around the corner for South Korea, scheduled for 13 April 2016. The road to the polls has been rocky, beginning with the delayed approval of electoral boundaries. The redrawn electoral map was finally passed on 2 March, more than four months past the deadline.

    view 0

  • Time to vote in South Korea, but the results may not matter.

    After the South Korean Election, Gridlock Likely to Remain

    South Korea goes to the polls on 13 April. Up for grabs are the 300 seats of the unicameral National Assembly. However, the election itself has been overshadowed by the declining popularity of President Park Geun-hye and intense infighting within the ruling Saenuri (New Frontier) Party between pro- and anti-Park camps.

    view 0

  • South Korea's economic engine could be greased by low oil prices.

    Low Oil Price Benefits to South Korea

    The global energy situation is changing rapidly. The shale revolution has led to plunging oil prices that have remained around US$30 a barrel since OPEC’s failure to reach a consensus to cut oil production at its November 2014 meeting. This is an astonishing drop from the seemingly endless period of high oil prices of above US$100 a barrel. What do falling oil prices mean for the South Korean economy?

    view 0