Roh Tae-woo was president of South Korea from 1988 to 1993 and is generally regarded as the first democratically elected President of South Korea. One of Roh’s best-known policies was his “Nordpolitik” foreign policy strategy in which he worked to establish economic and diplomatic relations with the “Northern” (Communist) nations, including the communist nations of East Europe, the Soviet Union, and China. This policy boosted South Korea’s own position in the world order while North Korea, which failed to successfully make similar overtures to the US and Japan, became further isolated following the collapse of the Soviet bloc. The normalization of diplomatic relations with other Communist countries would go on to set the stage for Roh’s successor Kim Dae Jung and his “Sunshine Policy,” which emphasized cooperation over coercion.
Vehicles are waiting at a checkpoint to pass through the Civilian Control Zone in the inter-Korean border area. © Il Young Jeong Il Young Jeong Senior Research Fellow_Institute of Social Science_Sogang University Autumn is not only the season of harvest but also a time to prepare for the year ahead. Governments, too, are particularly busy during this period. The regular session of the National Assembly, which opened on September 1, is now preparing for parliamentary audits of government agencies and deliberations on next year’s budget. The government has submitted a proposed budget of 820.9 trillion won for 2027 to the National Assembly. Amid an unprecedented semiconductor boom and rising tax revenues, the government has been seen as taking a proactive approach to fiscal policy, including the establishment of a 160 trillion won fund for responding to future challenges. Against this backdrop, how has the Ministry of Unification’s budget been allocated? This column examines the 2027...
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