Sunshine Policy
The Reconciliation and Cooperation Policy Towards the North (Korean: 대북화해협력정책; Hanja: 對北和解協力政策), colloquially referred to as Sunshine Policy (햇볕정책; 햇볕政策), is one of the approaches for South Korea's foreign policy towards North Korea, lasting from 1998 to 2008 and again from 2017 to 2020. == Background == The policy emerged largely in the context of the growing economic gap between the two Koreas: the South was strengthening itself and experiencing economic prosperity that had begun under President Park Chung Hee in the 1970s while the North was experiencing severe economic decline, consequently caused the 1990s North Korean famine and faced bankruptcy.