{"id":4167,"date":"2018-04-13T08:30:26","date_gmt":"2018-04-12T22:30:26","guid":{"rendered":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/?p=4167"},"modified":"2018-04-27T18:03:31","modified_gmt":"2018-04-27T08:03:31","slug":"what-parks-sentence-means-for-south-koreas-economy","status":"publish","type":"post","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/what-parks-sentence-means-for-south-koreas-economy\/","title":{"rendered":"What Park\u2019s sentence means for South Korea\u2019s economy"},"content":{"rendered":"

Former South Korean president Park Geun-hye was sentenced to 24 years in jail on 6 April 2018, a little more than a year after her removal from office. Her victory in the 2012 presidential election indicated a return to the conservatism that had dominated South Korean politics since the Republic\u2019s establishment in 1948. But her removal from the presidency has facilitated a raft of unconventional economic policies under a liberal government led by President Moon Jae-in.<\/p>\n

The prosecution pressed 18 criminal charges against her, including bribery and abuse of power. A court sentenced Park\u2019s confidante, Choi Soon-sil, to 20 years in jail on similar charges in February 2018. To discourage political corruption, the court sentenced Park heavily, even if the prosecution\u2019s original request for a 30-year jail sentence seemed too harsh in the eyes of some.<\/p>\n

The verdict marks\u00a0the return of liberalism<\/a>\u00a0in South Korean politics and the decline of conservatism. A previous political scandal revolving around former president Lee Myung-bak, Park\u2019s predecessor from the same political party, casts a further shadow over conservative politicians. Like Park, a prosecutor charged Lee for bribery and abuse of power. Most conservative politicians are concerned about a complete defeat in the June 2018 local elections for 17 municipal and provincial leaders. It may take conservative politicians a long time to regain support from voters.<\/p>\n

Please click here to read the full “What Park\u2019s sentence means for South Korea\u2019s economy<\/a>” article in the East Asia Forum, written by Griffith Asia Institute member, Dr Byung-Seong Min.<\/p>\n","protected":false},"excerpt":{"rendered":"

Former South Korean president Park Geun-hye was sentenced to 24 years in jail on 6 April 2018, a little more than a year after her removal from office. Her victory in the 2012 presidential election indicated a return to the conservatism that had dominated South Korean politics since the Republic\u2019s establishment in 1948. But her […]<\/p>\n","protected":false},"author":42,"featured_media":4168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[233,245],"tags":[585,727,422],"class_list":["post-4167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feature-series","category-china-and-north-east-asia","tag-dr-byung-seong-min","tag-park-geun-hye","tag-south-korea"],"acf":[],"modified_by":"Jill Moriarty","yoast_head":"\nWhat Park\u2019s sentence means for South Korea\u2019s economy | Griffith Asia Insights<\/title>\n<meta name=\"description\" content=\"Former South Korean president Park Geun-hye was sentenced to 24 years in jail on 6 April 2018, a little more than a year after her removal from office.\" \/>\n<meta name=\"robots\" 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