There is the potential for some serious fallout from the conviction of impeached South Korean president Park Geun-hye. Just as often happens in American elections, voters could very well react by electing a liberal candidate, one more inclined to revert to the Sunshine Policy tried in the past. This time, however, the stakes will be much higher if the political pendulum swings too far to the left.

There has been talk of engaging more with the North in an effort to transfer South Korean capitalism through osmosis, one of the justifications for the Kaesong Industrial Complex. And there are