Yesterday Korea's constitutional court upheld the impeachment of President Park Geun-hye. Consequently, she was immediately removed from office and a snap presidential election will be held on or before May 9.
As readers of this blog will know very well, I've frequently commented on former President Park's background and her signature creative economy initiative. (For example, see these posts, and these)
The events leading to the impeachment and removal from office of President Park Geun-hye came as a surprise to me, despite the years I've lived in Korea. The situation is more complex than it may appear from mainstream news media reporting. Former President Park did indeed major in electrical engineering at Sogang University, which helps to understand her creative economy emphasis.
As close observers of Korea well know, every presidential election is followed by a reorganization of the nation's leading ministries. Sometimes these reorganizations are minor and sometimes sweeping, as when President Lee Myung Bak assumed office in 2008. Further complicating matters for international observers is the re-naming of ministries along with the challenge of translating the ministry name into English. I did a series of posts on this matter following Park Geun-hye's election as president.
The danger that the incoming administration faces, following the snap elections which will take place within 60 days, is "throwing the baby out with the bathwater," to use an old English expression. In fact, Korea's "Future Ministry," named the Ministry of Science, ICT and Future Planning in English, has done a number of worthwhile things, including the establishment of 18 Centers for Creative Economy and Innovation (CCEIs) throughout Korea. More importantly, it brought the former Ministry of Science and Technology under one roof with the Ministry of Information and Communications. After all, the main technology driving changes in the world today is digital technology, allowing dramatic increases in the human ability to store, compute and communicate information on a global or even inter planetary scale.
Given the rapid pace of digital development, globally and in Korea it would seem that the incoming administration might be well advised to keep those elements of the Park Geun-hye administration policies that are realistic and forward looking, and avoid the temptation to throw everything out and start again. This is especially crucial given the widespread recognition that Korea needs to make the transition from heavy reliance on hardware manufacturing and export to software and services.