This academic book offers a comprehensive analysis of the political challenges and adjustments faced by the South Korean government during the post-industrialization and democratization phase. It follows the model of the first volume in the series, which dealt with economic and social development from the 1960s to the 1980s. The present volume examines the extent to which the South Korean government has responded to various political, economic, and social transformations since the 1990s. The book is divided into two parts: the first part addresses the changing political frameworks and governance paradigms, while the second part highlights key areas of public policy such as the economy, social welfare, and foreign relations. It draws important political implications for future actions of the South Korean government and for other countries that wish to emulate South Korea's successes and avoid its mistakes. This work is aimed at both scholars and policymakers engaged in developments in the Asia-Pacific region.