Geopolitics and President Moon’s Economic Policy Development

Economics, Governance
, by South Korea’s New President, in Trying to Develop Economic Policy, is Caught up in Geopolitics. South Korea’s new president, Moon Jae-in, in his first two months in office is trying to ease the country’s relations with North Korea just as liberal predecessors, Kim Dae-jung and Roh Moo-hyun, sought to do. Moon opened the door to negotiations and even a summit with the North’s Kim Jong Un, but he has also spoken critically of the North’s missile tests and, with a missile firing and flyovers conducted with the U.S., flexed the South’s military muscles. Moon’s economic strategy is unfolding in a similar manner, with ideas that are like those of the progressive leaders past and some tactics that show he recognizes when difficult choices are needed.