![]() ![]() ![]() His campaign was marked by gaffes and controversy but benefited as the race became a referendum on Moon's economic policies from jobs to housing to wealth inequality. Yoon, 60, will replace incumbent Moon, of the center-left Democratic Party, who is constitutionally limited to a single term that will end in May.Ī former prosecutor-general initially appointed by Moon before falling out and gaining notoriety over investigations of top presidential aides, Yoon's lack of elected political experience was seen as both a liability and an asset. He will need to restore public trust in Korea’s institutions and is likely to conduct major "housecleaning" by following through on a campaign pledge to investigate outgoing President Moon Jae-in's administration for corruption, she added. "Real estate prices, housing policy, jobs, and tax policies will top his domestic agenda," said Duyeon Kim, a Seoul-based expert with the Center for a New American Security. He faces the challenge of uniting a country of 52 million riven by gender and generational divisions, growing inequality and surging home prices. ![]() Yoon has pledged to stamp out graft, foster justice and create a more level economic playing field, while seeking a "reset" with China and a tougher stance towards reclusive North Korea, which has launched a record number of missiles in recent months. His victory in Wednesday's bitterly fought election means a remarkable turnaround for the main conservative bloc, now known as the People Power Party, which had been struggling to regroup since the 2017 snap election was held after the impeachment and ouster of then President Park Geun-hye. ![]()
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