Ahead of a presidential election in June, Korea remains engulfed in political turmoil following the declaration of martial law and subsequent presidential impeachment back in December. A poster child of late twentieth century democratic transitions, hailed for its export-oriented growth…

The South Korean economy has widely been recognized as the paragon of the East Asian miracle, with rapid economic growth and a fairly equal income distribution. The country continued its upward growth trajectory even in the aftermath of the 1997…