Economic Affairs
-

Climate change policy is intended in part to prevent or reduce climate change-induced disasters, events that may occur far in the future. Evaluating the validity of climate change policy thus requires a process to discount the future benefits and costs into present value. Some argue that the capital rate of return observed in the market should be used, while others advocate the use of a much lower rate to maintain intergenerational neutrality. In his talk, Professor Seong Wook Heo will discuss this debate and several related issues.

Seong Wook Heo is an associate professor in the School of Law at Seoul National University (SNU), where he teaches administrative and environmental law, and courses on law and economics. He received a PhD in law from Seoul National University. Before joining the faculty of SNU, he served as a judge of the Seoul Central District Court.

Philippines Conference Room

Shorenstein APARC
Stanford University
Encina Hall, Room E335
Stanford, CA 94305-6055

(650) 725-0938
0
heo1.jpg PhD

Dr. Heo is a visiting scholar at the Korean Studies Program for 2010-2011. He is an associate professor at Seoul National University Law School in Korea. He holds a Ph. D. in law from Seoul National University. Before joining the faculty of SNU, he served as a judge of Seoul Central District Court in Korea.

2010-2011 Visiting Scholar
Seong Wook Heo 2010-2011 Visiting Scholar, Korean Studies Program Speaker APARC
Seminars
News Type
News
Date
Paragraphs

"I would like to invite my colleagues, students, friends, and supporters to celebrate what we have worked together to achieve over the last decade and I ask you all to join me in continuing this record of achievement in the decade to come."

Gi-Wook Shin
Stanford KSP Director
 

Gi-Wook Shin came from the University of California, Los Angeles to Stanford University in 2001 to establish a program in Korean studies. "Naturally, I had mixed feelings—of excitement and hope, but also of anxiety and uncertainty," says Shin. "Looking back, I made the right decision." The Stanford Korean Studies Program (KSP), today a thriving and vibrant program at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC), recently held a series of major events to celebrate its tenth anniversary in February 2011.

Stanford KSP is unique among other Korean studies programs in its interdisciplinary, social science-based research focus on contemporary Korea. The U.S.-Korea relationship, particularly policy issues, is strongly emphasized in the program's research and publishing activities. Stanford KSP is instrumental in the success of Shorenstein APARC's two initiatives—the Korea-U.S. West Coast Strategic Forum and the New Beginnings policy study group—aimed at improving policy-making decisions in the two countries.

The program is grateful for the strong and generous support it has received from individuals, corporations, and foundations since the very beginning. In 1999, an endowment was established for the professorship that Shin holds, the Tong Yang, Korea Foundation, and Korea Stanford Alumni Chair of Korean Studies, which was followed closely by funding for two more Korea chairs. In 2004, Dr. Jeong H. and Cynthia Kim provided funding to establish a professorship named after former U.S. Secretary of Defense William J. Perry. Dr. Kim is President of Bell Labs at Alcatel-Lucent and a member of the Freeman Spogli Institute for International Studies Advisory Board. A search is currently underway to fill this important position. The Korea Foundation then donated funds in 2005 to establish a third professorship, which is currently held by Yumi Moon of the Department of History.

Stanford KSP has successfully established two annual professional fellowship programs, the Pantech Fellowship for Mid-Career Professionals and the Koret Fellowship, something unparalleled by other Korean studies programs. The program's faculty, fellows, and visiting scholars—most of whom teach courses and speak at public events—greatly contribute to the intellectual vigor of the Stanford community. Paul Y. Chang, PhD '08, an assistant professor at Yonsei University's Underwood International College, says, "The program provided the ideal context to engage with passionate scholars and develop my research program."

Stanford KSP's visitors find themselves, in turn, rewarded by the experience of being at Shorenstein APARC. Former Korean Minister of Unification Jongseok Lee, a visiting scholar from 2008 to 2009, says, "While enjoying every bit of life at Stanford . . . I worked hard in the office from early morning to late evening, as if I were a graduate student preparing his final dissertation . . . It was a truly meaningful and memorable year." Stanford KSP maintains strong ties with its former students, fellows, visiting scholars, and other affiliates, in part through the Stanford Shorenstein APARC Forum in Korea, an organization that has grown since 2003 to boast a roster of over 100 members.

In addition to the interaction with Stanford KSP's faculty and visitors, Stanford students benefit greatly from numerous social science and language courses, internship and overseas seminar opportunities, and the ever-growing Korean-language library collection supported by the program. Social science courses cover such topics as the Korean economy, the politics of the Korean Peninsula, modern Korean history, and many others. Through the Stanford Language Center, students may take a rigorous, comprehensive offering of beginning- through advanced-level Korean-language courses. An internship program co-sponsored with the Center for East Asian Studies provides students with the valuable opportunity to live and work in Korea each summer. Since its establishment in 2005, Stanford's Korean-language library collection has expanded to include a total of 41,300 print volumes and 13 electronic databases.

On an annual basis, Stanford KSP offers innovative and impactful programs addressing current, policy-relevant issues and events, as well as historical factors with contemporary relevance, that are shaping the future of the Korean Peninsula and the U.S.-Korea relationship. Conferences and workshops bring together leading Korea scholars with policymakers and other subject experts, including business leaders and international journalists, for productive and meaningful dialogue, research, and publishing activities. Stanford KSP's popular, long-time seminar series and special events afford members of the Stanford community and the general public the opportunity to listen to and engage with distinguished political figures and prominent scholars.

Stanford KSP celebrated its tenth anniversary on February 23 with a special public seminar examining the state and prospects of science, technology, and economics in Korea and Northeast Asia. The next day, it held its annual Koret Conference, a major event bringing together prominent Korea experts to discuss the future of North Korea. The anniversary activities concluded that evening with a dinner and reception to honor the generosity of Stanford KSP's long-time donors.

Proud of the program's accomplishments to date and optimistic about the future, Shin says, "I would like to invite my colleagues, students, friends, and supporters to celebrate what we have worked together to achieve over the last decade and I ask you all to join me in continuing this record of achievement in the decade to come."

Hero Image
shin anniversary headline
Gi-Wook Shin, director of the Stanford Korean Studies Program, delivered remarks at a dinner celebrating the program's tenth anniversary, February 24, 2011.
Rod Searcey
All News button
1
-

This is a special academic seminar to commemorate the tenth anniversary of the founding of the Korean Studies Program at Stanford University.

The participants of the workshop will discuss: 1) Prospects and Visions: Science and Technology in Korea; and 2) Critical Economic Factors.

Philippines Conference Room

Yong-Kyung Lee Member Speaker National Assembly of Korea
Choon-Geun Lee Speaker Science and Technology Policy Institute

No longer in residence.

0
2010-2011 Pantech Fellow
Everard_Headshot.jpg

John Everard, a retired British diplomat, is now a consultant for the UN.

In October 2006, only a few short months after Everard arrived in Pyongyang to serve as the British ambassador, North Korea conducted its first-ever nuclear test. Everard spent the next two-and-a-half years meeting with North Korean government officials and attending the official events so beloved by the North Korean regime. During this complicated period he provided crucial reports back to the British government on political developments.

He also traveled extensively throughout North Korea, witnessing scenes of daily life experienced by few foreigners: people shopping for food in Pyongyang’s informal street markets, urban residents taking time off to relax at the beach, and many other very human moments. Everard captured such snapshots of everyday life through dozens of photographs and detailed notes.

His distinguished career with the British Foreign and Commonwealth Office spanned nearly 30 years and four continents (Africa, Asia, Europe, and Latin America), and included a number of politically sensitive posts. As the youngest-ever British ambassador when he was appointed to Belarus (1993 to 1995), he built an embassy from the ground up just a few short years after the fall of the Soviet Union. He also skillfully managed diplomatic relations as the UK ambassador to Uruguay (2001 to 2005) during a period of economic crisis and the country’s election of its first left-wing government.

From 2010 to 2011 Everard spent one year at Stanford University’s Walter H. Shorenstein Asia-Pacific Research Center, conducting research, writing, and participating in major international conferences on North Korea.

He holds BA and MA degrees in Chinese from Emmanuel College at Cambridge University, and a diploma in economics from Beijing University. Everard also earned an MBA from Manchester Business School, and is proficient in Chinese, Spanish, German, Russian, and French.

An avid cyclist and volunteer, Everard enjoys biking whenever he has the opportunity. He has been known to cycle from his London home to provincial cities to attend meetings of the Youth Hostels Association of England and Wales, of which he was a trustee from 2009 to 2010.

Everard currently resides with his wife in New York City.


Pantech Fellowships, generously funded by Pantech Group of Korea, are intended to cultivate a diverse international community of scholars and professionals committed to and capable of grappling with challenges posed by developments in Korea. We invite individuals from the United States, Korea, and other countries to apply.

John Everard 2010-2011 Pantech Fellow Speaker Stanford KSP
Shorenstein APARC
Encina Hall E301
616 Jane Stanford Way
Stanford, CA 94305-6055
(650) 724-8480 (650) 723-6530
0
Senior Fellow at the Freeman Spogli Institute for International Studies
Professor of Sociology
William J. Perry Professor of Contemporary Korea
Professor, by Courtesy, of East Asian Languages & Cultures
Gi-Wook Shin_0.jpg PhD

Gi-Wook Shin is the William J. Perry Professor of Contemporary Korea in the Department of Sociology, senior fellow at the Freeman Spogli Institute for International Studies, and the founding director of the Korea Program at the Walter H. Shorenstein Asia-Pacific Research Center (APARC) since 2001, all at Stanford University. In May 2024, Shin also launched the Taiwan Program at APARC. He served as director of APARC for two decades (2005-2025). As a historical-comparative and political sociologist, his research has concentrated on social movements, nationalism, development, democracy, migration, and international relations.

In Summer 2023, Shin launched the Stanford Next Asia Policy Lab (SNAPL), which is a new research initiative committed to addressing emergent social, cultural, economic, and political challenges in Asia. Across four research themes– “Talent Flows and Development,” “Nationalism and Racism,” “U.S.-Asia Relations,” and “Democratic Crisis and Reform”–the lab brings scholars and students to produce interdisciplinary, problem-oriented, policy-relevant, and comparative studies and publications. Shin’s latest book, The Four Talent Giants, a comparative study of talent strategies of Japan, Australia, China, and India to be published by Stanford University Press in the summer of 2025, is an outcome of SNAPL.

Shin is also the author/editor of twenty-six books and numerous articles. His books include Korean Democracy in Crisis: The Threat of Illiberalism, Populism, and Polarization (2022); The North Korean Conundrum: Balancing Human Rights and Nuclear Security (2021); Superficial Korea (2017); Divergent Memories: Opinion Leaders and the Asia-Pacific War (2016); Global Talent: Skilled Labor as Social Capital in Korea (2015); Criminality, Collaboration, and Reconciliation: Europe and Asia Confronts the Memory of World War II (2014); New Challenges for Maturing Democracies in Korea and Taiwan (2014); History Textbooks and the Wars in Asia: Divided Memories (2011); South Korean Social Movements: From Democracy to Civil Society (2011); One Alliance, Two Lenses: U.S.-Korea Relations in a New Era (2010); Cross Currents: Regionalism and Nationalism in Northeast Asia (2007);  and Ethnic Nationalism in Korea: Genealogy, Politics, and Legacy (2006). Due to the wide popularity of his publications, many have been translated and distributed to Korean audiences. His articles have appeared in academic and policy journals, including American Journal of SociologyWorld DevelopmentComparative Studies in Society and HistoryPolitical Science QuarterlyJournal of Asian StudiesComparative EducationInternational SociologyNations and NationalismPacific AffairsAsian SurveyJournal of Democracy, and Foreign Affairs.

Shin is not only the recipient of numerous grants and fellowships, but also continues to actively raise funds for Korean/Asian studies at Stanford. He gives frequent lectures and seminars on topics ranging from Korean nationalism and politics to Korea's foreign relations, historical reconciliation in Northeast Asia, and talent strategies. He serves on councils and advisory boards in the United States and South Korea and promotes policy dialogue between the two allies. He regularly writes op-eds and gives interviews to the media in both Korean and English.

Before joining Stanford in 2001, Shin taught at the University of Iowa (1991-94) and the University of California, Los Angeles (1994-2001). After receiving his BA from Yonsei University in Korea, he was awarded his MA and PhD from the University of Washington in 1991.

Selected Multimedia

Director of the Korea Program and the Taiwan Program, Shorenstein Asia-Pacific Research Center
Date Label
Gi-Wook Shin Director Speaker Shorenstein APARC and Stanford KSP
Youngah Park Member Speaker National Assembly of Korea
Henry S. Rowen Co-director Commentator SPRIE
Daniel C. Sneider Associate Director for Research Moderator Shorenstein APARC
Suh-Yong Chung Associate Professor Panelist Korea University
Jeongsik Ko Professor Panelist Pai Chai University
Jean C. Oi Director Commentator Stanford China Program
Jong Chun Woo Professor Speaker Seoul National University
Conferences
News Type
News
Date
Paragraphs
The Korea Foundation, a long-time friend and supporter of Shorenstein APARC and the Korean Studies Program, is the publisher of Korea Focus, an English-language journal that examines current affairs in Korea. In addition to translations of articles and editorials from leading Korean newspapers, Korea Focus offers a scholarly perspective on politics, economics, society, and culture. It also regularly provides in-depth interviews, book reviews, and feature stories. Korea Focus is published monthly as a webzine and quarterly as a print journal, and both versions are offered free-of-charge online.
Hero Image
KoreaFocus1
All News button
1
News Type
News
Date
Paragraphs

Beyond his childhood ties to Hawai'i and Indonesia and his self-styled designation as "America's first Pacific President," President Barack Obama has demonstrated significant and genuine interest in Asia and in developing trans-Pacific ties. He embarked on November 5 for the second presidential visit to Asia during his term, and while there he will visit India, Indonesia, South Korea to attend the summit of the Group of 20 (G20), and finally to Japan to attend the annual heads of state meeting of the Asia-Pacific Economic Cooperation (APEC) conference. Secretary of State Hillary Clinton will travel a week ahead of Obama to attend the Association of Southeast Asian Nations (ASEAN) gathering and the East Asia Summit (EAS) in Vietnam, followed by visits to Malaysia, Papua New Guinea, New Zealand and Australia. Her trip will include an added-in stop to China's Hainan Island. To address major issues surrounding the President's trip to Asia--including the "China question" and historic U.S. bilateral alliances--four scholars from the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) gathered for a public panel discussion on October 27.

Thomas Fingar, Oksenberg/Rohlen Distinguished Fellow of the Freeman Spogli Institute for International Studies, spoke about the symbolic aspects of Obama's visit, noting the importance of a presidential visit for showing a sense of real commitment to the region and an acknowledgement of the "rise" of countries like China and India. On a more pragmatic side, he also suggested that meeting in person with other leaders is crucial in order to "bring about deliverables." The omission of a visit to China should not be weighed too heavily, Fingar said, pointing out that the President visited China last year. The stops in Japan and South Korea are tied to important multilateral meetings, though they will also reaffirm longstanding ties with those allies, while the visit to India is an indication of growing relations between the two countries. Of particular importance is Obama's participation in the G20 Summit in South Korea and the APEC meeting in Japan because, Fingar stated, a major purpose of the visit is about the "United States having a role in building new multilateral institutions." Finally, while much of the success of the Asia trip rests on how well Obama conducts himself, Fingar expressed confidence that the President would skillfully manage the visit.

During his visit to Indonesia, Obama will meet with Indonesia's President Susilo Bambang Yudhoyono for a bilateral discussion of such issues as economics, security, and higher education. Donald K. Emmerson, director of the Southeast Asia Forum, said that the postponement of earlier-planned visits to Indonesia has lessened some of the enthusiasm for Obama's "homecoming" to Jakarta. China's omission on the trip agenda is noteworthy, he suggested, and Clinton's addition of a stop in Hainan is due, in part, to help alleviate recent tension between the United States and China regarding China's claim of sovereignty over the South China Sea. Clinton's involvement in the EAS is an "important multilateral engagement" for the United States because of the presence of its ally Japan and the fact that the United States and China both have a voice there, unlike the ASEAN Plus Three meetings that do not include the United States. While in recent months the U.S.-China relationship has become more strained, Emmerson asserted that the "United States is not going to get into a cold war with China."

Obama will travel from Indonesia to South Korea for the G20 Summit, another major multilateral engagement during his travels. David Straub, associate director of the Korean Studies Program, described several significant aspects of this time in South Korea. While not technically an organization, Straub said, the Summit is an important forum for the discussion of economic stability and growth. Similar to Fingar, Straub noted the efficacy and significance of in-person meetings. The Summit provides an opportunity for world leaders to have face-to-face discussions on non-economic issues, such as North Korea's political situation. Straub suggested that President Lee Myung-bak's investment in the Summit is based, in part, on raising South Korea's global prestige, which is tied also to increasing the status of the G20 to become the premiere global financial organization. Finally, Straub stated that alongside the G20 meeting, Obama and Lee are expected discuss bilateral relations, which are at an all-time high, including the stalled U.S.-South Korea free trade agreement (Korus FTA). The FTA, which would be the most significant free trade agreement for the United States since NAFTA, has faced opposition and mixed support on both sides.

Obama's visit to India will be the third U.S. presidential visit there in the past decade, which is indicative of changing U.S. perceptions of India brought about through the IT boom and growing economic ties, suggested Daniel C. Sneider, associate director of research for Shorenstein APARC. Sneider pointed to a broader shared agenda despite a lack of clarity on some issues, such as Pakistan, and a focus on India as Asia's "other" growing economy. He stated that he would be watching for the United States and India to work together to emphasize India's role in East Asia, highlighted by India's participation in the EAS. India's Prime Minister Manmohan Singh has championed a "look east" policy and expressed stronger interest in East Asia, especially China. In terms of Obama's visit to the APEC heads of state conference in Japan, Sneider noted the importance of this trip also for the U.S.-Japan alliance. The newly formed government of Prime Minister Naoto Kan has worked to ease tensions in the alliance and both countries hope to use the visit to bolster a more positive image of the alliance. Certain points of contention, like the move of the U.S. military base on Okinawa, have been put aside for the time being. Sneider stated that recent China-Japan tensions have also served to reinforce the importance of the relationship.

Events during Obama's Asia visit in the next two weeks will help to solidify or possibly call into question his image as the "Pacific President," and undoubtedly influence the role of the United States in Asia for the future.

Hero Image
ManmohanSinghSouzaPeteCROPPEDLOGO
President Barack Obama and Secretary of State Hillary Clinton talk with Prime Minister Singh of India in the Cross Hall of the White House. November 24, 2009.
Official White House Photo by Pete Souza
All News button
1

Shorenstein APARC
Encina Hall
Stanford University
Stanford, CA 94305-6055

0
joon_nak_choi_7_cropped.jpg

Joon Nak Choi is the 2015-2016 Koret Fellow in the Korea Program at Stanford University's Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC). A sociologist by training, Choi is an assistant professor at Hong Kong University of Science and Technology. His research and teaching areas include economic development, social networks, organizational theory, and global and transnational sociology, within the Korean context.

Choi, a Stanford graduate, has worked jointly with professor Gi-Wook Shin to analyze the transnational bridges linking Asia and the United States. The research project explores how economic development links to foreign skilled workers and diaspora communities.

Most recently, Choi coauthored Global Talent: Skilled Labor as Social Capital in Korea with Shin, who is also the director of the Korea Program. From 2010-11, Choi developed the manuscript while he was a William Perry postdoctoral fellow at Shorenstein APARC.

During his fellowship, Choi will study the challenges of diversity in South Korea and teach a class for Stanford students. Choi’s research will buttress efforts to understand the shifting social and economic patterns in Korea, a now democratic nation seeking to join the ranks of the world’s most advanced countries.
 
Supported by the Koret Foundation, the Koret Fellowship brings leading professionals to Stanford to conduct research on contemporary Korean affairs with the broad aim of strengthening ties between the United States and Korea. The fellowship has expanded its focus to include social, cultural and educational issues in Korea, and aims to identify young promising scholars working on these areas.

 

2015-2016 Koret Fellow
Visiting Scholar
Authors
News Type
News
Date
Paragraphs

The ‘fair society' motto has been the centerpiece in the second half of the Lee Administration.

-Gi-Wook Shin, director of Shorenstein APARC and KSP


On August 8, 2010, South Korean President Lee Myung-bak put into place the largest cabinet reorganization since he took office, nominating 48 year-old Kim Tae-ho as prime minister. However, after only 21 days, failing to pass a confirmation hearing of Parliament, Kim Tae-ho took the initiative to declare his resignation while waiting for Parliament to take action following the vote on his prime minister nomination. South Korea's prime minister [post] is without any real power; however, with a high parliamentary status, it is also in reality an important auxiliary to the president. Now into the second half of Lee Myung-bak's term, confronted with the dilemma of needing to identify a prime minister for a fourth time, one cannot help but raise the question: what is going on with South Korean politics?

The ruling Grand National Party hoped to pariah Kim Tae-ho, who in the prime of life, would have been able to give Li Myung-bak's government an infusion of "reform," "communication," and a "fresh" approach, but the opposition party also questioned Kim Tae-ho's political qualifications. From August 24-25, when the Parliament confirmation hearings convened, the Democratic Party also threw in several heavy accusations-Kim Tae-hoe's receiving bribes and illegal loans to raise campaign funds, having a public bus for his personal use, ordering full-time civil servants to do housework, and his wife accepting bribes and improperly managed properties-and strongly opposed Kim Tae-ho as Prime Minister. Gi-Wook Shin, director of Stanford University's Shorenstein Asia-Pacific Research Center, says: "These allegations are not new. Though the prosecution has cleared Kim of bribery charges, I think the fact that he lied about his ties with Park Yeon-cha, a convicted businessman at the center of a high-profile bribery scandal, was the last straw. A photo also surfaced after the hearing showing Kim standing next to Park at a date several months earlier than Kim testified to having made his first acquaintance with Park." Park Yeon-cha is the former chairman of Taekwang Industrial. By the end of 2008's "Park Yeon-cha Gate" [scandal], numerous South Korean political figures were involved in the bribery scandal,  and former President Roh Moo-hyun also committed suicide.

"Kim Tae-ho's ambiguous statements have also left the ruling party and the public feeling disappointed. Kim Tae-ho was not widely known outside of his South Gyeongsang Province office. President Li Myung-bak praised him to South Korean society for being young, for having strength and charisma, and for being an honest, reliable politician. Now voters naturally are questioning his integrity and this has become a barrier for Lee Myung-bak's administration," says Dr. Insung Lee, director of Yonsei University's East Asia International Studies Institute.

Kim Tae-ho believes there are some accusations that are not very fair. Dr. Shin suggests: "What Kim meant by "unfair" was the fact that his confirmation hearing focused in large part on making personal attacks on Kim, and throwing harsh criticism of the ruling party, rather than serving its purpose to prove he was unqualified for the PM position." This no doubt exposed the intense power struggle between South Korea's political factions, and even differences within the Grand National Party.

"Lee Myung-bak should not introduce the subject of Kim Tae-ho when talking about matters of the next presidential election," says Dr. Lee. In 2004, Kim was elected governor of South Gyeongsang Province, becoming the youngest governor. During the time that he was the provincial governor, he actively promoted the "South Coast Sunbelt" development plan as a national project. Through word of mouth, he easily won the 2008 local government re-elections. According to the Constitution, Lee Myung-bak is unable to run for president again. Because of this, public opinion holds that he had the intention to train Kim Tae-hoe for the 2012 presidential candidacy. "The opposition party members at the hearing increasingly attacked Kim Tae-ho, in part to prevent this kind of arrangement from taking place," says Dr. Lee.

Dr. Chung-In Moon, professor of political science at Yonsei University pointed out: "People believe that Lee Myung-bak selected Kim Tai-ho to compete in the 2012 general election against in-party rival Park Geun-hye. Since this card is obsolete, Lee Myung-bak now cannot help but stand with Park Geun-hye. I cannot decide for certain how long this will last-the Lee camp will certainly find their own candidate." The internal struggle between the Grand National Party's inner factions was exposed in the battle of the recent Sejong City construction plan amendment. Park Geun-hye, the daughter of the leading "Second Faction's" former president Park Chung-hee, publicly sang a different tune towards Lee Myung-bak, displaying a hope to follow up with the plan to promote the construction of Sejong City. At the time of Parliament's vote, 50 of the ruling party's 168 members voted against the pro-Park opposition party. After former Prime Minister Chung Un-chan announced he would resign, Park Geun-hye raised the issue, holding Lee Myung-bak to be the primary lead of the Sejong City amendment and the one who should bear the responsibility.

On the day that Kim Tae-ho made his declaration to resign the prime minister nomination, those nominated to be the Minister of Culture, Sports, and Tourism and Minister of Education and Economics, also took the initiative to resign because of the suspicion of having accepted bribes. After several days, Foreign Minister Yu Myung-hwan was also forced to resign due to the incident of his daughter's receiving "special admission" to become a senior civil servant. President Lee Myung-bak expressed: "I accept their resignation. I believe this will lead to the starting point of a fair society." Dr. Gi-Wook Shin believes: "The 'fair society' motto has been the centerpiece in the second half of the Lee Administration. As President Lee said in his liberation day speech in August 2010, 'A fair society is where each individual has to take responsibility for the outcome of his or her undertakings . . . A fair society constitutes the ethical and practical infrastructure for the advancement of the Republic.' To this effect, Lee reportedly instructed his secretariat to toughen the screening of ethical backgrounds of candidates for top government posts. Putting emphasis on higher ethical and moral standards can be seen as a positive sign of Korea's democratic advancement. It is not the only measure, but it is also an important measure for the betterment of South Korean politics."    

Translation by Sarah Lin Bhatia

 

 

 

Hero Image
SeoulBlueHouse2
All News button
1
Subscribe to Economic Affairs