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South Korea, a broker between the developing and developed world?

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  • South Korea, a broker between the developing and developed world?
  • Kalinowski, Thomas; Cho, Hyekyung
  • International Political Science Association


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Title South Korea, a broker between the developing and developed world?
Similar Titles
Material Type Articles
Author(English)

Kalinowski, Thomas; Cho, Hyekyung

Publisher

[Montreal]:International Political Science Association

Date 2012
Pages 36
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Economy < Economic Administration
Government and Law < General
Holding International Political Science Association

Abstract

South Korea has been a rising economic power for some decades. It exhibits several behavioral traits associated with rising powers such as issue leadership and opportunity seeking. Korea aims to be an issue leader in the field of development, while it seeks to secure the foundations for further sustained economic growth. In this paper, we investigate Korea’s global strategy since the 1990s aiming to translate its economic clout into global political influence. The focus is placed on a critical evaluation of the approach under the current Lee Myung Bak administration since 2008. This paper examines the domestic factors that have led Korea to pursue its strategies of securing influence most notably the legacy of the mercantilist developmental state. The paper raises cautionary concerns about the capacity of Korea to adopt a foreign policy that moves beyond economic self-interest and plays an active role in the creation of global public goods.