The Making of a Global Economic Player? An Appraisal of South Korea's Role in Myanmar
MetadataShow full item record
Altmetrics Handle Statistics
Suddenly and unexpectedly, a er several decades as Asia’s backwater and basket case of interna onal development, Myanmar was thrust to the center stage of international attention in 2011. The country’s political opening has paved the way for greater engagement by interna onal players, old and new. South Korea and the United States are no excep on, with Korea doubling its development assistance, trade, and investment in the country in less than ve years. Myanmar serves as an excellent vantage point to observe Korea’s evolving role in interna onal a airs, especially in terms of its Asian engagement. Pragma sm drives the rela onship, with Nay Pyi Taw trying to diversify its foreign policy and a ract more investment, while Seoul seeks to expand foreign economic rela ons, extend the domes c market, and secure access to new resources. The paper’s main conten on is that while striving to ar culate a dis nc ve regional and global role for itself which goes beyond the usual ‘aid-trade-investment’ triad, turning economic rela onships into poli cal ones has proven di cult, and thus, Seoul remains more of a ‘payer’ than a ‘player.’ Economic coopera on with Myanmar has widened and deepened, but South Korea’s poli cal leadership has not been able to build on this momentum. Tackling this issue is important at a me when Korea needs to remind the new U.S. administra on, which sees Seoul primarily through the prism of the North Korean nuclear issue and the tensions with China, of its strategic relevance. Myanmar offers South Korea the opportunity to enhance its interna onal role beyond the immediate neighborhood.
Fumagalli , M 2017 ' The Making of a Global Economic Player? An Appraisal of South Korea's Role in Myanmar ' Academic Papers Series on Korea , no. 1 , vol. 11 , Korea Economic Institute of America , Washington , pp. 1-8 . < http://www.keia.org/sites/default/files/publications/kei_aps_fumagalli.pdf >
Working or discussion paper
Copyright © 2017 Korea Economic Institute. This work has been made available online with permission from the publisher. This is the final published version of the work, which was originally published at http://www.keia.org/sites/default/files/publications/kei_aps_fumagalli.pdf
Items in the St Andrews Research Repository are protected by copyright, with all rights reserved, unless otherwise indicated.
Showing items related by title, author, creator and subject.
Foreign direct investment and South-South cooperation : negotiating space, place and power within Chinese FDI in South Africa O'Brien, Liam M (University of St Andrews, 2019-06-26) - ThesisChinese Foreign Direct Investment (FDI) in South Africa is indicative of a two-fold transformation in the contemporary development landscape: the rise of South-South Cooperation (SSC) and a re-centering of economic growth ...
Hellier, Coel; Andrerson, D. R.; Bouchy, F.; Burdanov, A.; Cameron, A. Collier; Delrez, L.; Gillon, M.; Jehin, E.; Lendl, M.; Nielsen, L. D.; Maxted, P. F. L.; Pepe, F.; Pollacco, D.; Queloz, D.; Ségransan, D.; Smalley, B.; Triaud, A. H. M. J.; Udry, S.; West, R. G. (2019-01-01) - Journal articleWe report the discovery of eight hot-Jupiter exoplanets from the WASP-South transit survey. WASP-144b has a mass of 0.44 MJup, a radius of 0.85 RJup, and is in a 2.27-d orbit around a V = 12.9, K2 star which shows a 21-d ...
Baillie Smith, Matt; Laurie, Nina; Griffiths, Mark (2018-06) - Journal articleWhile research to date on volunteering and development has largely focused attention on the global South as a place that ‘hosts’ volunteers and the global North as a place that ‘sends’, in this article we focus on movements ...