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1. The Economic Effects of Multinational Corporation Withdrawal and Policy Implications

Author:
Minsoo Han, Hyuk-Hwang Kim, Hyelin Choi, Danbee Park, and Jisu Kim
Publication Date:
03-2020
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
The shutdown of the GM Koreas Gunsan plant in May 2018 heightened social interest in the withdrawal of mutlinational corporations (MNCs). Against this backdrop, the forthcoming research The economic effects of multinational corporation withdrawal and policy responses studies the previous cases of MNC withdrawal, estimates the effects on labor market., and provides policy directions to address to the withdrawal. This note summarizes some of its important results.
Topic:
International Trade and Finance, Economy, Multinational Corporations, and Economic Policy
Political Geography:
Asia and Korea

2. Understanding and Reducing Military Vulnerabilities of Civilian Nuclear Plants: The Case for the Northeast Asia

Author:
Jungmin Kang
Publication Date:
05-2020
Content Type:
Case Study
Institution:
Nonproliferation Policy Education Center
Abstract:
A Fukushima-like nuclear accident does not have to be caused by nature. Similar results could be wrought by military attack that disabled its safety systems, including cooling and power systems of nuclear power plants (NPPs). This study shows hypothetical releases from a core meltdown or spent fuel pool fire of NPPs occurred by military attack such as missile attacks in some of Northeast Asia countries, with atmospheric dispersion and deposition calculations using the HYSPLIT code with historical meteorological data for the region.
Topic:
Energy Policy, Science and Technology, Nuclear Power, and Crisis Management
Political Geography:
Japan, Asia, and Korea

3. A New Horizon for the Korea-India Strategic and Sustainable Partnership under Korea's New Southern Policy

Author:
Choong Yong Ahn
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Korea Economic Institute of America (KEI)
Abstract:
India and South Korea, Asia’s third- and fourth-largest economies, respectively, established a Comprehensive Economic Partnership Agreement (CEPA) in 2010 and upgraded their relationship to a special strategic partnership in 2015. South Korean President Moon Jae-in’s “New Southern” policy and Indian Prime Minister Narendra Modi’s “Act East” policy share important objectives and values through which Korea and India can maximize their potential to pursue high tech-oriented, win-win growth. Both countries face the great challenge of diversifying their economic partners in their respective geo-economic domains amid newly emerging international geo-economic dynamics as well as rapidly changing Fourth Industrial Revolution technologies. Given the two countries’ excessive dependence on the Chinese market and potential risks and uncertainties involved in the U.S.-China trade war and related security conflicts, South Korea and India need to deepen bilateral linkages in trade, investment, and cultural contacts. South Korea-India cooperation is crucial in promoting plurilateralism, prosperity, and harmony in East Asia. This paper suggests a specific action agenda to fulfill mutual commitments as entailed in the “Special Strategic Partnership” between these two like-minded countries of South Korea and India.
Topic:
International Relations, Foreign Policy, Science and Technology, Bilateral Relations, and Industry
Political Geography:
United States, China, South Asia, India, Asia, South Korea, and Korea

4. Framing an Indo-Pacific Narrative in India-South Korea Ties

Author:
Jagannath P. Panda
Publication Date:
01-2020
Content Type:
Working Paper
Institution:
Korea Economic Institute of America (KEI)
Abstract:
Both India’s and South Korea’s strategic choices are deeply influenced by the rapidly evolving Indo-Pacific construct, particularly amid a mounting U.S.-China rivalry. With India’s “Look/Act East” policy and South Korea’s “New Southern Policy” offering a perfect stage for deepened mutual cooperation, both nations need to further their relations to build Asia’s future while advancing their respective national interests. With both countries following stringent foreign policies as a result of the actions of their immediate neighbors, they present a geopolitically strategic complementarity for their relationship to prosper and emerge as one of the most important relationships in the region. Seoul’s hesitation to overtly embrace the “Indo-Pacific” concept is not really a barrier; rather a geo-political overture to discard the balance of power politics and pursue an autonomous foreign policy. India’s preference for the “Indo-Pacific” is equally based on strategic autonomy, imbibing universal values and an inclusive regional order. Both countries emphasize a free and rules-based Indo-Pacific and have immense potential to establish security and connectivity partnerships as the keystone of their bilateral ties. With India and South Korea understanding the economic importance versus security ramifications of China, and with Japan’s reemergence as a key regional, if not global actor, both countries need to bring serious strategic intent to their relationship. Making use of the ASEAN platform and bilateral dialogues, South Korea and India have the potential to become one of the strongest Indo-Pacific partners of the 21st century
Topic:
International Relations, Foreign Policy, Bilateral Relations, Partnerships, and Geopolitics
Political Geography:
China, South Asia, India, Asia, South Korea, Korea, United States of America, and Indo-Pacific

5. Taking stock: Where are geopolitics headed in the COVID-19 era?

Author:
Jeffrey Cimmino, Matthew Kroenig, and Barry Pavel
Publication Date:
06-2020
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
The COVID-19 pandemic is a strategic shock, and its almost immediate, damaging effects on the global economy constitute a secondary disruption to global order. Additional secondary strategic shocks (e.g., in the developing world) are looming. Together, these developments pose arguably the greatest threat to the global order since World War II. In the aftermath of that conflict, the United States and its allies established a rules-based international system that has guaranteed freedom, peace, and prosperity for decades. If the United States and its allies do not act effectively, the pandemic could upend this order. This issue brief considers the current state of the pandemic and how it has strained the global rules-based order over the past few months. First, it considers the origins of the novel coronavirus and how it spread around the world. Next, it examines how COVID-19 has exacerbated or created pressure points in the global order, highlights uncertainties ahead, and provides recommendations to the United States and its partners for shaping the post-COVID-19 world.
Topic:
Security, Defense Policy, NATO, Diplomacy, Politics, European Union, Economy, Business, Coronavirus, and COVID-19
Political Geography:
Russia, China, South Asia, Eurasia, India, Taiwan, Asia, North America, Korea, United States of America, and Indo-Pacific

6. Democracy under siege: Advancing cooperation and common values in the Indo-Pacific

Author:
Kharis Templeman
Publication Date:
01-2020
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
Over the past three decades, democracy has put down roots in many seemingly unlikely places across Asia, from Mongolia to Indonesia. At a time when democracy is in global retreat, the majority of these Asian regimes have demonstrated surprising resiliency, though many continue to suffer from glaring flaws: weak state capacity and accountability institutions, the absence of impartial rule of law, and uneven protection of political rights and civil liberties. This issue brief, “Democracy under Siege: Advancing Cooperation and Common Values in the Indo-Pacific,” by Dr. Kharis Templeman, examines challenges and opportunities for advancing cooperation and common values in the Indo-Pacific as the region faces an increasing challenge from China.
Topic:
Civil Society, Corruption, Diplomacy, International Organization, Politics, Reform, Elections, Democracy, Rule of Law, Norms, and Transition
Political Geography:
Japan, China, Taiwan, East Asia, Asia, Australia, Korea, and Indo-Pacific

7. Normalization by Other Means—Technological Infrastructure and Political Commitment in the North Korean Nuclear Crisis

Author:
Christopher Lawrence
Publication Date:
07-2020
Content Type:
Journal Article
Journal:
International Security
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
The 1994 Agreed Framework called for North Korea to dismantle its plutonium-production complex in exchange for civilian light water reactors (LWRs) and the promise of political normalization with the United States. Today, scholars look back at the Agreed Framework as a U.S. offer of “carrots” to bribe the regime, but this framing overlooks the credibility challenges of normalization and the distinctive technical challenges of building LWRs in North Korea. Political and technical analysis reveals how the LWR project helped build credibility for the political changes promised in the Agreed Framework.
Topic:
Nuclear Weapons, Politics, Science and Technology, History, Infrastructure, Crisis Management, and Normalization
Political Geography:
Asia, North Korea, North America, Korea, and United States of America

8. A Roundtable on Monica Kim The Interrogation Rooms of the Korean War: The Untold History

Author:
Mitchell Lerner, Judy Tzu-Chun Wu, Arissa H. Oh, Zachary M. Matusheski, Peter Banseok Kwon, and Monica Kim
Publication Date:
09-2020
Content Type:
Commentary and Analysis
Institution:
The Society for Historians of American Foreign Relations (SHAFR)
Abstract:
A Roundtable on Monica Kim The Interrogation Rooms of the Korean War: The Untold History
Topic:
International Relations, Cold War, War, History, Military Affairs, United States, Korean War, and Diplomatic History
Political Geography:
South Korea, North Korea, Korea, and Korean Peninsula

9. Americans Positive on South Korea Despite Trump’s Views on Alliance

Author:
Karl Friedhoff
Publication Date:
10-2020
Content Type:
Special Report
Institution:
Chicago Council on Global Affairs
Abstract:
The Trump presidency has strained relations with several Asian allies, including South Korea. But the 2020 Chicago Council Survey results show that President Donald Trump’s repeated threats and bullying tactics on defense and trade issues with Seoul have done little to soften support among the American public for the alliance with South Korea. In fact, favorable views of South Korea are now at an all-time high.
Topic:
International Relations, Defense Policy, and Trade
Political Geography:
South Korea, North America, Korea, and United States of America

10. Has the Ghost that Ruined the Country Been Resurrected? The Puzzle of South Korea’s Domestic and Foreign Policies

Author:
Jimmyn Pare
Publication Date:
01-2020
Content Type:
Journal Article
Journal:
Revista UNISCI/UNISCI Journal
Institution:
Unidad de investigación sobre seguridad y cooperación (UNISCI)
Abstract:
Under changing dynamics such as US-China relations, the domestic and foreign policies of South Korea’s new government under President Moon Jae-in have shown favor to China and North Korea, which is somewhat contrary to previous administrations that maintained pro-American policies. This situation is very similar to the geopolitical circumstances of the Joseon Dynasty during the late nineteenth and early twentieth centuries before Korea was occupied by Japan. This article analyzes and compares the geopolitical situations and Korea’s domestic and foreign policies of the two periods. By doing so, this article argues that policy makers should be more prudent when deliberating what should be achieved in order to enhance the future of Korea, rather than how to ensure their own personal legacy or ambition for political power.
Topic:
Treaties and Agreements, Belt and Road Initiative (BRI), and Reunification
Political Geography:
Asia, South Korea, North Korea, and Korea