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Korean Politics
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Outline Republic of Korea Democratic People’s Republic of Korea
presidential system National Assembly judiciary parties and elections external relations Democratic People’s Republic of Korea authoritarian party-state
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President of ROK Directly elected by all voters
5-year term (no 2nd term) Head of state Chief executive Commander-in-chief of the armed forces power to declare war Office and residence: Cheong Wa Dae
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Presidential Power Appoint Prime Minister, subject to approval by the National Assembly Propose legislation Appoint the Chief Justice of the Supreme Court, subject to approval by the National Assembly
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National Assembly Unicameral legislature with 300 members, who serve four-year terms 246 directly elected from districts 54 appointed by political parties proportional to vote share law-making approve national budget impeach President
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Local Government Three levels: central government
higher-level local governments 8 municipality governments 9 do (province) governments lower-level local governments cities, counties, districts
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Evolution of Party System
1950s: Liberal Party, Progressive Party, ... 1961, Park dissolved all political parties, abolished local elections & local councils 1980, General Chun banned political activities by party members 1987, presidential election 1988, National Assembly election
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Foreign Direct Investment
The financial crisis of 1997 was a turning point Less than 2,000 foreign-invested companies in 1997 14,000 foreign-invested companies in 2010 US$11.5 billion inward FDI in 2009 US$16.3 billion inward FDI in 2012
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D.P.R.K. Workers’ Party of Korea Cabinet: premier and ministers
General Secretary of the Central Committee Kim Jong-Il ( ) Kim Jong-Un (2011- ) Politburo Cabinet: premier and ministers National Defense Commission Supreme People’s Assembly
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The Six-Party Talks since 2003
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