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21. Reviewing 30 Years of “China’s Role” in North Korea’s Nuclear Issue

Author:
Dong Ryul Lee
Publication Date:
08-2022
Content Type:
Commentary and Analysis
Institution:
East Asia Institute (EAI)
Abstract:
Dong Ryul Lee, Professor at the Department of Chinese Studies at Dongduk Women’s University and the Chair of the China Research Center at EAI, writes that China’s policies toward North Korea and its nuclear program has been consistent for the past 30 years, has taken caution not to pressure North Korea to the extent that would escalate instability and has played a role in easing tensions. Professor Lee highlights that Beijing actively intervened to secure its position and influence in the Korean Peninsula when significant changes to the region’s strategic landscape were made. He suggests that South Korea should seek the support of China in its North Korea policy based on the accurate understanding of China’s policy stance and the maximum degree to which South Korea can influence.
Topic:
Foreign Policy, Diplomacy, Nuclear Weapons, Denuclearization, and Unification
Political Geography:
China, Asia, South Korea, and North Korea

22. Strengthening Japan-ROK Relations: The Prime Time to Rebuild Relations Through Young Parliamentary Diplomacy

Author:
Hideshi Futori
Publication Date:
11-2022
Content Type:
Special Report
Institution:
East-West Center
Abstract:
South Korean President Yoon Seok-yeol began his remarkable administration by emphasizing the values of freedom and democracy, and the triangular Japan-U.S.-ROK relationship. Contrasting the previous administration, which prioritized reconciliation with North Korea, President Yoon embraced positive messages on restoring Japan-ROK relations even before taking office. On August 15, the National Liberation Day of Korea, President Yoon described Japan as a “neighbor that joins forces against the challenges that threaten freedom.” Such a posture clearly distinguishes President Yoon’s approach from that of previous South Korean administrations. Truly, even after the Yoon Administration’s approval rating began declining, Japan-ROK relations were not used politically to alleviate the pressure. One of the best takeaways from my recent visit to South Korea was Foreign Minister Park Chun’s assurance to “persistently work from a strategic perspective to improve relations with Japan, a partner that shares the universal values of freedom, human rights, and the rule of law.” Heretofore, Japan has not been able to capitalize on the precious opportunities it has been afforded to mend ties with Korea. Instead, Japan continues to take a hardline approach toward South Korea and is unable to flexibly respond, instead prioritizing Japan’s self-image, as suggested by the export control regulations toward South Korea. Since 2019, the Japanese government has tightened control regulations on exports of semiconductor materials to South Korea in response to potential seizures of Japanese assets as reparations for forced labor claims related to Japan’s 1910-1945 colonial rule of the Korean Peninsula. I believe Japan should consider changing its policies toward South Korea as South Korea has proactively improved its policies in response to Japan’s request, nonetheless, the effects have faded. From the perspective of economic security, it is also necessary to diversify Japan’s supply chain and strengthen trilateral cooperation between Japan, the United States, and South Korea. Similar voices have been raised not only from South Korea but also by Japanese experts.
Topic:
Foreign Policy, Diplomacy, Bilateral Relations, and Parliament
Political Geography:
Japan, Asia, and South Korea

23. Korea's Economic Presence in Iran under Trump and Its Prospects during the Biden Presidency

Author:
Shirzad Azad
Publication Date:
10-2022
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
On July 14, 2015, when Iran and the 5+1 group (the United States, Russia, China, France, Britain, and Germany) ultimately agreed over the Joint Comprehensive Plan of Action (JCPOA), the Republic of Korea (ROK) was practically one of the top three trade partners of the Persian Gulf country. In early May 2016 and only a few months after the nuclear deal was carried through, the then Korean President, Park Geun-hye, made an official visit to Iran where the two countries vowed to ratchet up their economic relations from roughly $6 billion to more than $18 billion in the years to come. Accompanied by “the largest business delegation in the history of Korean presidential trips,” Park’s high-profile trip to Iran persuaded many interested experts and observers to believe that the East Asian country was really determined to shore up its economic weight in Iran by drawing certain policies relevant to the long-term presence of Korean businesses in the Middle Eastern country (Choi 2016). Despite all those upbeat expectations about the ROK’s future economic and technological role in Iran, however, various data and statistics coming out indicate that over the past several years nearly all well-known Korean brands and products have increasingly lost their market share in the Mideast country to brands and goods supplied by other competitors. As a matter of fact, in the late 1990s and early 2000s the East Asian nation emerged as one of the Persian Gulf country’s top trading partners in the world, outstripping a number of Tehran’s traditional trading partners from the West. And while Korea managed to even expand its economic presence in Iran in the heydays of sundry international sanctions levied against the Middle Eastern country over its contentious nuclear program a couple of years before the JCPOA was eventually agreed in 2015, the ROK has been doing relatively poor in Iran during the past years (Azad 2018). Such lackadaisical performance, epitomized by abandoning the long-established pattern of significant trade in energy with Iran, has critically influenced a sharp decline in the total volume of two-way commerce between the two countries. While the plummeting share of Korean brands and goods in Iranian markets had indubitably something to do with certain policies pursued by the Moon Jae-in-led Korean government, however, the main culprit turned out to be the Trump administration’s unilateral withdrawal from the nuclear deal in May 2018. The crippling sanctions which Washington under Trump subsequently imposed on Iran played a pivotal role in reshaping the scope and size of Korean commercial connections to the Persian Gulf country, though some unprecedented diplomatic and political troubles involving Seoul and Tehran during the past years have also had a lot to do with those punitive economic and financial measures targeting the Iranians. How did then the Koreans respond to those unique circumstances rendered largely by Trump’s approach toward the Persian Gulf country? What are going to be the prospects of a Biden administration’s policy shift for Korea’s economic performance in Iran? This study seeks to shed some light on Trump’s Iran policy with regard to Korea, its repercussions for the East Asian nation’s economic relationship with the Middle Eastern country, and potential solutions to chip away at those impediments under a Democrat administration in Washington led by Joe Biden.
Topic:
Foreign Policy, Economics, Donald Trump, JCPOA, and Joe Biden
Political Geography:
Iran, Asia, South Korea, and United States of America

24. Australia’s Strategic Responses to the US-China Rivalry and Implications to Korea

Author:
Ina Choi, Sunhyung Lee, Jaeho Lee, and So Eun Kim
Publication Date:
08-2022
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
As in other Asia-Pacific countries, boosting trade with China has provided a growth engine for Australia's economy. Australia shared concerns over security threats posed by China’s military expansion, but up until the mid-2010s hard balancing against China did not seem to be an option for Australia. Australia’s recent moves against China, however, signal that Canberra has reset its China policy, with an overhaul of its national security and defense strategy. The shift of Australia’s China policy is an interesting case to explore how the regional order is likely to evolve in the growing US-China competition. Assessing Australia’s recent foreign policy is also relevant to Korea, both in terms of navigating Korea’s relations with the US and China and enhancing strategic ties between Australia and Korea. Against this backdrop, this study unravels Australia’s strategic responses to the changing regional order and draw implications for Korea's foreign policy.
Topic:
Security, Foreign Policy, National Security, Economy, Trade, and Rivalry
Political Geography:
China, South Korea, Australia, Asia-Pacific, and United States of America

25. An Analysis on India's Foreign Economic Relations and Its Implications for Korea-India Cooperation

Author:
Jeeyon Janet Kim, Hyoungmin Han, Hyeyoon Keum, and Jonghun Pek
Publication Date:
03-2022
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
Economic exchanges between Korea and India have been expanding since the signing of the Korea-India CEPA, which took effect in 2010, and the promotion of the New Southern Policy (NSP) by Korea, but the level of exchange still remains insufficient considering the potential of the two countries. We aim to contribute to deepening Korea-India trade cooperation by analyzing India's foreign trade investment relations. Part II and III examine India's recent trade and investment structure with major countries including Korea, and Part IV analyzes India's status on the global production networks. In conclusion, Part V presents various implications for Korea-India trade cooperation.
Topic:
Foreign Policy, Economics, International Cooperation, Bilateral Relations, and Trade
Political Geography:
South Asia, India, Asia, and South Korea

26. Analysis of the Healthcare Sector in Africa and Its Policy Implications for Korea

Author:
Young Ho Park, Munsu Kang, Yejin Kim, Kyu Tae Park, and Young-Chool Choi
Publication Date:
03-2022
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
One of the main changes in Korea’s foreign affairs in recent years is the expansion of official development assistance (ODA), among which Africa is showing particularly rapid growth. Korea’s ODA to Africa accounted for 15% of its total ODA budget in 2010, and rose to 25% in 2019 as Korea emphasized its role in international development. Korea ranks 11th in terms of the cumulative size of ODA to the African healthcare sector between 2011–2019, totaling 674 million USD. As Korea’s expansion of ODA and solidarity in international development aid to respond to COVID-19 are related, the expansion of ODA in the African healthcare sector is anticipated to continue. This study analyzes features of the healthcare sector in Africa in an effort to suggest various plans for development cooperation, based on an evaluation of Korea’s ODA project design to enable the effective provision of ODA.
Topic:
Foreign Policy, Development, Health, Economic Growth, COVID-19, and Foreign Assistance
Political Geography:
Africa, Asia, and South Korea

27. Analysis of U.S. International Economic Policies and its Implications

Author:
Gu Sang Kang
Publication Date:
05-2022
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
This study analyzes and evaluates the impact of foreign economic policies implemented during the Trump administration's four-year tenure, and aims to predict the direction of international economic policies under the Biden administration launched following the 2020 presidential election. The former President Trump put 'America First' as the slogan of economic policies and imposed import restrictions and tariffs on trading partners based on Sections 201, 232, and 301 of the U.S. trade acts. In addition, the Trump administration strongly promoted renegotiation, claiming that some existing trade agreements had been concluded unfavorably to the U.S. Furthermore, the Trump administration promoted the standardization of digital trade rules and the expansion of digital taxation in order to support the expansion of digital trade. Through the empirical analysis, we find that the Trump administration's tariff measures had a somewhat positive effect on the U.S. industrial employment, but it is difficult to say that the policy effect that President Trump initially expected was achieved as the measures also had a negative effect on industrial production. Moreover, we find that the tax reform had only a short-term effect in reducing the U.S. direct investment to foreign countries. Like the Trump administration, the Biden administration's international economic policy directions are showing strong protectionist perspectives such as maintaining tariffs on Chinese imports and reorganization of the global supply chains centered on the U.S. Based on our analysis, there are three policy implications. First, it is necessary to strengthen digital trade cooperation with middle power countries participating in the WTO e-commerce negotiations along with a detailed analysis and review of the economic impacts. Second, Korea needs to take advantage of the benefits provided by the U.S. federal government and strengthen cooperation in the supply chain based on norms with the U.S. Finally, Korea needs to reach an amicable agreement with the U.S. on trade remedies that have already been applied by raising the need to strengthen its supply chain with the U.S.
Topic:
Foreign Policy, Digital Economy, Economic Policy, Trade Policy, Donald Trump, Industry, Protectionism, and Joe Biden
Political Geography:
Asia, South Korea, North America, and United States of America

28. Inter-Korean Reconciliation and the Role of the U.S.: Facilitator or Spoiler?

Author:
Gabriela Bernal
Publication Date:
04-2022
Content Type:
Working Paper
Institution:
Korea Economic Institute of America (KEI)
Abstract:
Although the Korean Peninsula has been divided for over 70 years, North and South have not been able to make lasting progress in terms of reconciliation. While there are multiple factors directly influencing the extent to which inter-Korean relations can progress, this paper focuses on the role of the United States. When it comes to inter-Korean reconciliation efforts, is the U.S. more of a facilitator or a spoiler? By looking at three case studies spanning three South Korean administrations—Roh Tae-woo, Roh Moo-hyun and Moon Jae-in—this paper attempts to find patterns and lessons related to Washington’s role in the complex inter-Korean reconciliation process. The cases reveal that the U.S. has played the role of both facilitator and spoiler in each case, and that whatever role the U.S. plays depends on its own relationship with North Korea at that time. The U.S. is most likely to play a facilitating role when the administrations in Washington and Seoul are both willing to engage diplomatically with Pyongyang, when progress is being made in denuclearization talks, when the geopolitical environment is conducive towards diplomacy and engagement with North Korea, and when the U.S. adopts a reciprocal negotiating strategy. The paper concludes by considering the conditions necessary to achieve inter-Korean reconciliation and to establish long-term peace on the peninsula. Key factors include the need for trust-building and reciprocity between the U.S. and North Korea, and adopting a more holistic approach that goes beyond the nuclear problem and aims to establish a lasting relationship between Washington and Pyongyang.
Topic:
International Relations, Security, Foreign Policy, Bilateral Relations, and Reconciliation
Political Geography:
Asia, South Korea, North Korea, and United States of America

29. Foreign Policy in the Presidential Campaign in South Korea

Author:
Oskar Pietrewicz
Publication Date:
03-2022
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
The presidential election in South Korea will be held on 9 March. The main candidates are representatives of the largest political parties: Lee Jae-myung of the ruling liberal Democratic Party and Yoon Suk-yeol of the opposition conservative People Power Party. A Lee victory would largely mean the continuation of the current government’s foreign policy—striving for dialogue with North Korea, maintaining a strong alliance with the U.S., and stable relations with China. If Yoon wins, it would increase the likelihood of stronger support of South Korea for the U.S. in its rivalry with China and increased tensions in relations with North Korea. Both candidates condemn Russia’s aggression against Ukraine, but draw different conclusions from the war.
Topic:
Foreign Policy, Presidential Elections, and Campaigning
Political Geography:
Asia and South Korea

30. South Korean Foreign Policy: Changing Generational Priorities

Author:
Kathleen Stephens and Andy Hong
Publication Date:
07-2022
Content Type:
Special Report
Institution:
East-West Center
Abstract:
Ambassador (ret) Kathleen Stephens, US ambassador to the Republic of Korea from 2008 to 2011 and President of the Korea Economic Institute of America (KEI), & Mr. Andy Hong, Program Officer at KEI, explain that "young Koreans cast the key swing votes" in Korea's March 9 presidential election and that "[t]raditional approaches... to the US-ROK alliance, relations with China and Japan, and inter-Korean policy carry less salience for this new cohort of voters."
Topic:
Foreign Policy, Bilateral Relations, Elections, and Alliance
Political Geography:
South Korea and United States of America