South Koreans are sorting out the implications of the recent presidential elections. Victorious conservative candidate Yoon Suk-yeol rose to prominence on an anti-corruption agenda and has various plans to shake up the way government functions. He has also pledged to reduce government intervention in the economy, boost incentives for business, increase the role of nuclear energy, and spur the construction of 2.5 million homes. He wants to compensate the population for its COVID losses. He has embraced Korea’s nascent anti-feminist movement.
But perhaps the greatest impact the new conservative administration will have is in the arena of foreign policy. The quickest way of summarizing the likely approach of the incoming government is “two Nos and one Yes.” Yoon will be saying “no” to both North Korea and China while embracing the United States with a big “yes.”
At a deeper level, Yoon will be steering South Korea away from an effort to balance major powers in the Asia-Pacific region and toward greater alignment with U.S. foreign policy. The Biden administration is looking forward to greater coordination between South Korea and Japan in countering North Korea and containing China.
“South Korea’s diplomatic posture of strategic ambiguity—its reticence in taking sides during great-power rivalries—has become …read more
Source:: Institute for Policy Studies