South Korea

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South Korea’s Economic Miracle 2.0: Semiconductor Super-Cycle Meets Structural Anxiety

Expert Comment — Asia Programme 2 June 2026 Key Findings The Bank of Korea projects GDP growth of 2.6 per cent for 2026, powered by an AI-driven semiconductor super-cycle. Semiconductor exports surged by 48 per cent year-on-year in April 2026, with total exports expected to grow by 30 per cent. Korea’s fertility rate of 0.72 […]

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Close-up view of a traditional Korean wooden facade in Seoul, South Korea.

Seoul’s Great Pivot: Why Yoon Suk-yeol is Betting Everything on the American Alliance

Introduction: The Great Pivot Under President Yoon Suk-yeol, South Korea has executed one of the most dramatic foreign policy pivots in its modern history. Rejecting the “strategic ambiguity” of the past—where Seoul tried to balance security with the US and economy with China—Yoon has adopted the “Global Pivotal State” (GPS) doctrine. This philosophy asserts that

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