How South Korea can weather Park Geun-hye’s existential crisis
South Korea is in the midst of an unprecedented political crisis, the worst since the restoration of democracy in 1987. The latest flare-up could potentially result in President Park Geun-hye’s resignation, a profoundly damaged and irreparably weakened presidency, a massive altering of the political landscape more than a year before the next presidential election in December 2017, and a growing impetus to revise the 1987 constitution.
On Monday, longtime presidential confidant Choi Soon-sil was arrested by the Supreme Prosecutors’ Office after revelations that she was deeply involved in affairs of state without any formal role in the Park administration. Indeed, the local press has dubbed Choi the “President of the Night” to highlight her behind-the-scenes influence in shaping critical national policies, creating new policy initiatives, planting her cronies in ministries and agencies, enriching her family and her associates through lucrative government contracts and real estate purchases, and twisting the arms of leading Korean conglomerates to “donate” millions of dollars to two foundations that she spearheaded.… Seguir leyendo »