Wednesday, December 19, 2007

Korean election

Conservative Lee Myung-bak wins presidential election in Korea.

A bit of analysis:
There may be many reasons behind the landslide victory achieved by Lee Myung-bak of the main opposition Grand National Party in yesterday’s presidential election. Experts attributed the win to his campaign slogan, which promoted him as the “President of the Economy,” a solid base of support in the Seoul metropolitan area and the lack of a concerted effort by the pro-government political parties, among other things. In short, Lee was elected president as many voters, disillusioned with the liberal parties, favor his background as a successful businessman, believing that he will be able to turn the struggling economy around.

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