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Moon Jae-in President 06/15/2017

Posted by cwnewssite in Uncategorized.
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By: Noah McAllister

Moon Jae-in Elected President of South Korea. Replaces impeached former President Park Geun-hye.

Liberal candidate Moon Jae-in was elected as the President of South Korea on May 9, 2017.  He replaces former President Park Geun-hye, who was impeached on bribery charges.  With his victory also comes victory for the Democratic Party of Korea, a leftist party, who has not seen the presidency since the election of Roh Moo-hyun in 2003.  Moon’s policy towards North Korea advocates for talk between the two countries, a change in policy from his predecessors.    

Former President Park Geun-hye was impeached as president for bribery and corruption charges.  The corruption charges centered around her and her relationship with Choi Soon-sil.  She became good friends with Choi after her mother (wife of dictator Park Chung-hee) was assassinated.  Choi used her friendship with Park to have large companies given million dollar donations to her own “charities”, which she used to funnel money to Park.  (Samsung was even a company listed that gave money to Park.)  Park was impeached on the 10 March 2017 by the Constitutional Court of Korea.  During Moon’s campaign, he claimed that he would try to put an end to “chaebol”, or dynastically run companies giving money to the government.   He was supported heavily by the young liberal bloc, who are unhappy with South Korea’s high unemployment rate and government corruption.  Even though the majority of young South Korean are highly educated, they are having a harder time finding work after they graduate.  

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