창작과 비평

The Quarterly Changbi 175, Spring 2017

Abstract

Yoo Chul-gyu, from a comprehensive perspective not confined to the Korean Peninsula, examines what courses South Korea should take in the era of mounting tension and conflicts of interest between the U. S. and China. He proposes that South Korea could find its exit at the very point where the bilateral relations between the US, especially under the Trump regime, and China--the former has sought to have one-on-one talks in foreign affairs, while the latter tries to take the pivotal role in multilateral negotiations--collide. He assures that the conflict surrounding the deployment of THAAD could also be worked out in this way. Also, as the slow growth of the global economy, the slowdown of the rate of export increase, and the basic trend of "growth without employment" continue, the drop of distribution ratio of labor income turns out to have formed main obstacle factors to growth. Furthermore, in these circumstances, a fair distribution of wealth is addressed as a feasible solution to the current economic crisis of South Korea, in particular, as an alternative in the era of the Fourth Industrial Revolution and underdevelopment.