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This volume discusses Korea’s role as a middle power in the midst of the 21st century global power shift. Focusing on Korea’s middle power diplomacy from the perspective of coalition building, the book discusses structural factors that shape middle power strategy and diplomacy. Written by leading Korean researchers, the chapters use diverse methodologies to offer a range of perspectives on Korea’s place in the developing global order. Topics discussed include South Korea’s approach to technology policy in the midst of US-China cyber competition, the East Asian ‘Thucydides Trap’, MITKA and middle power diplomacy, Korea’s role in the South China Sea dispute, and South Korean cyber security. Providing a unique treatment of middle power opportunities and motivations in the East Asia region, this volume will be of interest to students and scholars of international relations, Asian politics, diplomacy, security studies, and global governance.
This book analyzes the transformation of Korean political economy since the 1990s. In the wake of the Asian financial crisis of 1997, the political economy of South Korea has evolved around two diametrically opposed features: convergence into the Anglo-American model and the state-led strategic restructuring of industries. To unravel the peculiar nature of the political economy in Korea, the authors first identify major factors that contributed to the dual dynamics of change and continuity in Korea: external pressures, ideological shift in political leadership, and the pivotal role of the Korean government. Next, they examine the way in which these factors interacted with each other to resha...
East Asian countries are now pursuing greater formal economic institutionalization, weaving a web of bilateral and minilateral preferential trade agreements. Scholarly analysis of “formal” East Asian regionalism focuses on international political and economic factors such as the end of the Cold War, the Asian financial crisis, or the rising Sino-Japanese rivalry. Yet this work pays inadequate attention to the strategies of individual government agencies, business groups, labor unions, and NGOs across the region. Moreover, most studies also fail to adequately characterize different types of trade arrangements, often lumping together bilateral accords with minilateral ones, and transregion...
This volume discusses Korea's role as a middle power in the midst of the 21st century global power shift. Focusing on Korea's middle power diplomacy from the perspective of coalition building, the book discusses structural factors that shape middle power strategy and diplomacy. Written by leading Korean researchers, the chapters use diverse methodologies to offer a range of perspectives on Korea's place in the developing global order. Topics discussed include South Korea's approach to technology policy in the midst of US-China cyber competition, the East Asian 'Thucydides Trap', MITKA and middle power diplomacy, Korea's role in the South China Sea dispute, and South Korean cyber security. Providing a unique treatment of middle power opportunities and motivations in the East Asia region, this volume will be of interest to students and scholars of international relations, Asian politics, diplomacy, security studies, and global governance.
The connections between trade and security are hardly new. Analysts and practitioners have clearly recognized this interrelationship since the mercantilist arguments of the 16th and 17th centuries. Despite wishful economic liberal thinking that might prefer to separate the political from the economic, it is widely recognized that trade and security are fundamentally interconnected in the foreign policy of states. Over time, as new forms of trade policy have come into being and the international security environment has evolved, the nexus of these two spheres has grown more complex and scholars have struggled to understand their interconnection This edited volume addresses linkages between...
"While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacific--the proposed Trans-Pacific Partnership (TPP) agreement and a parallel Asian track--could generate momentum for renewed liberalization and provide pathways to region-wide free trade. We estimate that world income would rise by $295 billion per year on the TPP track, by $766 billion if both tracks are successful, and by $1.9 trillion if the tracks ultimately combine to yield region-wide free trade. The tracks are competitive initially but their strategic implications appear to be constructive: they generate incentives for enlargement and mutual progress and, over time, for region-wide consoli...
The Asia-Pacific region has witnessed a rapid rise in bilateral preferential trade agreements at the beginning of the twenty-first century. This trend could have potentially dramatic effects on the trading patterns of countries in the transpacific region and beyond. Some argue that these accords will spur multilateral negotiations, while others believe that they will irreparably damage the trading system. Bilateral Trade Agreements in the Asia-Pacific examines the underlying political and economic factors driving these accords, based on a novel theoretical framework. Experts then provide overviews of political and economic trends in the region as well as detailed analysis of the trade strate...
This edited volume addresses geo-economic strategic competition in the Indo-Pacific, exploring both the theoretical and thematic contours of this concept and issue-specific dynamics in the areas of finance, trade, energy, and technology competition. Chapters focus on the impact of renewed great power competition between Washington and Beijing in the Indo-Pacific region across these four areas. Each addresses central concerns for the future of the global economic order and offers a lens to understand interstate competition in light of the geopolitical shifts resulting from the COVID-19 pandemic. Written by an international panel of experts, this volume provides a cohesive view of the region's most pressing issues. As such, it will be relevant to scholars specializing in Indo-Pacific domestic politics and foreign policy, U.S. foreign policy, middle powers, China-U.S. relations, China-EU relations, Asia-Pacific developments, international security, international political economy, and emerging markets.
|This volume discusses the relationship between economic interests, motivations of state action and the interaction of states in the potential for regional institutional development in the Asia-Pacific region.
Reveals how policymaking traditions prior to democratization continue to resonate within current South Korean public policy advocacy practices. Who dominates in the contemporary policy process in South Korea? How do policy advocates engage in advocacy activities to exercise influence? Building on existing theories of state, society, and public policies in democracies, Advocacy and Policymaking in South Korea argues that the legacy of state-society relationships explains who influences and how in South Korean policymaking. The state-society relationship has been a popular framework to explain democratic transition and consolidation. Yet, few studies to date extend the approach to explain advocacy and policymaking across political systems. Jiso Yoon shows the relevance of the framework in explaining advocacy and policymaking today with empirical evidence drawn from the contemporary policy process in South Korea. In addition, she compares policy communities across new and old democracies, such as South Korea and the United States. In this regard, the comparative analysis included in the book sets an important research example for students of comparative public policy to follow.