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Korean Politics. Outline Republic of Korea –presidential system –National Assembly –judiciary –parties and elections –external relations Democratic People’s.

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Presentation on theme: "Korean Politics. Outline Republic of Korea –presidential system –National Assembly –judiciary –parties and elections –external relations Democratic People’s."— Presentation transcript:

1 Korean Politics

2 Outline Republic of Korea –presidential system –National Assembly –judiciary –parties and elections –external relations Democratic People’s Republic of Korea –authoritarian party-state

3 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

4 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

5 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

6 Local Government Three levels: –central government –higher-level local governments 8 municipality governments 9 do (province) governments –lower-level local governments cities, counties, districts

7 Evolution of Party System 1950s: Liberal Party, Progressive Party, , 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

8 Foreign Direct Investment The financial crisis of 1997 was a turning point Less than 2,000 foreign-invested companies in ,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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10 D.P.R.K. Workers’ Party of Korea –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

11 The Six-Party Talks since 2003


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