{"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":"<p>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<p>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<p>The verdict marks\u00a0<a href=\"http:\/\/www.eastasiaforum.org\/2017\/05\/07\/park-impeachment-a-win-for-south-koreas-left\/\" target=\"_blank\" rel=\"noopener\">the 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<p>Please click here to read the full &#8220;<a href=\"http:\/\/www.eastasiaforum.org\/2018\/04\/12\/what-parks-sentence-means-for-south-koreas-economy\/\">What Park\u2019s sentence means for South Korea\u2019s economy<\/a>&#8221; article in the East Asia Forum, written by Griffith Asia Institute member, Dr Byung-Seong Min.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"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":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Park\u2019s 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My verdict: decidedly shaky.\u2026","rel":"","context":"In &quot;Feature series&quot;","block_context":{"text":"Feature series","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/publication\/feature-series\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/foreign-policy-volatility-900x500.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/foreign-policy-volatility-900x500.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/foreign-policy-volatility-900x500.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/foreign-policy-volatility-900x500.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":6425,"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/the-rise-of-sophisticated-authoritarianism-in-south-east-asia\/","url_meta":{"origin":4167,"position":1},"title":"The rise of sophisticated authoritarianism in South East Asia","author":"Griffith Asia Institute","date":"23 September 2019","format":false,"excerpt":"With a majority of countries in South East Asia currently under autocratic leadership and little history of liberal democracy in the region, Dr Lee Morgenbesser has found that the region\u2019s penchant for authoritarianism is stable and the level of sophistication is increasing \u2013 which is a concern for champions of\u2026","rel":"","context":"In &quot;Region | Indonesia and Southeast Asia&quot;","block_context":{"text":"Region | Indonesia and Southeast Asia","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/indonesia-and-southeast-asia\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/09\/EE3WjYlU8AABldT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/09\/EE3WjYlU8AABldT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/09\/EE3WjYlU8AABldT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/09\/EE3WjYlU8AABldT.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":5352,"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/regional-wrap-21\/","url_meta":{"origin":4167,"position":2},"title":"Regional wrap","author":"Jill Moriarty","date":"14 February 2019","format":false,"excerpt":"The last fortnight was an especially busy one for the Indo-Pacific region\u2019s policymakers. The US withdrawal from the Intermediate Range Nuclear Forces Treaty with Russia delivered a big blow to international non-nuclear proliferation efforts. President Donald Trump accuses Russia of violating the terms of the agreement which has been an\u2026","rel":"","context":"In &quot;Feature series&quot;","block_context":{"text":"Feature series","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/publication\/feature-series\/"},"img":{"alt_text":"Griffith Asia Institute - Regional Wrap 54","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2018\/02\/REGIONAL-WRAP-900.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2018\/02\/REGIONAL-WRAP-900.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2018\/02\/REGIONAL-WRAP-900.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2018\/02\/REGIONAL-WRAP-900.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":5305,"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/inaugural-south-pacific-central-banking-research-conference\/","url_meta":{"origin":4167,"position":3},"title":"Inaugural South Pacific Central Banking Research Conference","author":"Jill Moriarty","date":"2 January 2019","format":false,"excerpt":"Approximately 100 central bank researchers, academics, business leaders and policymakers attended a two-day conference in Suva on 12-13 December to share current research on various economic and financial issues affecting the region. The conference gave participants an\u00a0opportunity to explore vital links between research and policy issues related to central banking\u2026","rel":"","context":"In &quot;Events&quot;","block_context":{"text":"Events","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/events\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/2018-conference-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/2018-conference-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/2018-conference-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/2018-conference-2.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":9969,"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/as-russia-woos-nations-to-support-its-war-in-ukraine-will-fault-lines-deepen-around-the-globe\/","url_meta":{"origin":4167,"position":4},"title":"As Russia woos nations to support its war in Ukraine, will fault lines deepen around the\u00a0globe?","author":"Griffith Asia Institute","date":"13 September 2023","format":false,"excerpt":"MATTHEW SUSSEX | For Russian President Vladimir Putin, the\u00a0mistaken belief\u00a0that he could conquer much of Ukraine in a few days highlighted the depth of his hubris. Since then, his decision to continue the onslaught has revealed the ongoing practical costs to the Russian military. Now, Moscow\u2019s attempt to meet those\u2026","rel":"","context":"In &quot;Commentary&quot;","block_context":{"text":"Commentary","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/publication\/commentary\/"},"img":{"alt_text":"President of the Russian Federation Vladimir Putin and the Chairman of the State Council of the Democratic People's Republic of Korea Kim Jong-un, 25 April 2019.","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/09\/kim-jong-un-vladimir-putin.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/09\/kim-jong-un-vladimir-putin.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/09\/kim-jong-un-vladimir-putin.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/09\/kim-jong-un-vladimir-putin.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":9957,"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/southeast-asia-snapshot-57-2\/","url_meta":{"origin":4167,"position":5},"title":"Southeast Asia snapshot #57","author":"Griffith Asia Institute","date":"6 September 2023","format":false,"excerpt":"SOVINDA PO | In this week's Southeast Asia snapshot, Sovinda Po looks at the election of Thailand's new Prime Minister while Singapore gears up for its upcoming Presidential election. 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