South Korea

Moon Jae-in at a rally in Seoul, by Jee Su Na, via flickr.com, CC BY-NC-ND 2.0

Is South Korea’s New President up to the Job?

Former human-rights attorney Moon Jae-in has won the South Korean presidential elections. His supporters expect above all a fight against cronyism and fundamental economic reforms. Relations with neighbors and allies are tense. On Wednesday, Moon Jae-in was sworn in for a five-year term as South Korea’s president. Winning 41 percent of the votes in Tuesday’s […]

Seoul, South Korea's capital city © Clint Sharp via Flick (CC BY-NC-SA 2.0)

Success beyond Gangnam Style

With a strong state, powerful industries and high innovation spending South Korea provides a model for managing globalization. Yet Korea also shows some of the dangers of national oligarchy and over-centralization. South Korea today faces economic and political headwinds as strong as any country in Asia, with faltering domestic consumption and struggling exports in the face of slowing […]