Which countries are middle powers in international relations? While the term “middle powers” has witnessed a steady increase in its use in the past two decades, answers to the question are likely to be diverse, depending on to whom one asks the question. The paper tries to provide objective criteria that would allow one to define the entire population of middle powers and theorize how different types of middle powers are regarded and treated by other countries, most significantly, by great powers. Specifically, we contend that those middle powers with larger potential capability than realized capability, labeled as “middle powers with lots of unrealized potentials,” will initially receive favorable treatments in international organizations, but that favorable treatments will gradually diminish as those middle powers begin to close the gap between their potential and realized capability. In comparison, those countries with limited potential capability but with higher realized capacity, labeled as “mature middle powers,” will be treated in an unbiased manner by other countries. We demonstrate the plausibility of this argument with India and South Korea as examples of each type of middle power within the context of the International Monetary Fund. We show that India initially received some favors—in the form of larger political representation, larger than its size of economy warrants—within the International Monetary Fund when its potentials had not begun to materialize, but once realization of its potentials began, favors that India used to receive have gradually evaporated. In comparison, South Korea has been treated more “objectively” in the International Monetary Fund where its representation closely follows the size of its economy.
The Effect of Political Contributions on Political Representation of Members of the National Assembly under Party Brands in South Korea
