The New Southern Policy Plus: What's New and What's Next?

Moe Thuzar ()
Additional contact information
Moe Thuzar: ISEAS - Yusof Ishak Institute, Postal: 30 Heng Mui Keng Terrace, Singapore 119614, https://www.iseas.edu.sg/

No 21-12, World Economy Brief from Korea Institute for International Economic Policy

Abstract: Building on the New Southern Policy (NSP) implementation experience, and in recognition of the uneven impact of the Covid-19 pandemic on different populations in ASEAN, the ROK may consider the following operational dimensions of implementing the NSP Plus' strategic thrusts. First, consultation of ASEAN's collective and individual needs on each of the core strategy areas, leveraging on the ROK's willingness to share and adapt its successful practices to meet the needs of its ASEAN partners. Second, synchronizing or aligning the NSP Plus' regional thrusts with the ROK's bilateral programs in the ASEAN countries, to ensure a seamless continuity of matching regional-level support with in-country requirements. Third, instituting a periodic or mid-term review mechanism for the NSP Plus implementation may help early identification of areas or priorities to adjust or revise, taking into account emerging needs and concerns. Ultimately, the ROK's NSP niche will be the quality of its impact, in areas where the ROK's strengths speak most to its "new southern neighbors."

Keywords: Korea; New Southern Policy; policy; Covid-19; ASEAN (search for similar items in EconPapers)
Pages: 4 pages
Date: 2021-03-19
New Economics Papers: this item is included in nep-sea
References: Add references at CitEc
Citations:

Downloads: (external link)
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3820360 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2021_012

Access Statistics for this paper

More papers in World Economy Brief from Korea Institute for International Economic Policy [30147] 3rd Floor Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si, Korea. Contact information at EDIRC.
Bibliographic data for series maintained by Geun Hye Son ().