South Korea Elects Its First Woman President

Advertisement




South Korea elected on December 19, 2012 its first woman President, handing a historic victory to Ms. Park Geun-hye, the candidate of the ruling conservative party. She is the daughter of the country’s former military ruler Mr. Park Chung-hee. In the election, she comfortably defeated Mr. Moon Jae-in, her liberal rival from the main opposition party.

The election was mainly fought on domestic economic issues. Both the candidates offered similar policies in an attempt to jack up support for themselves beyond their traditional strongholds. Ms. Park underscored the need for economic democratisation, which means reducing the social disparities created by rapid economic development. She also promised to generate more jobs and increase welfare spending.

As the leader of Asia’s fourth largest economy, Ms. Park (60) will have to deal with a number of tough challenges. These include handling its belligerent neighbour North Korea, a slowing economy, and rising welfare costs in South Korea, which is one of the world’s most rapidly ageing societies.

RSS GK Current Affairs

  • PM dedicates 2G Ethanol Plant in Panipat
    On the occasion of World Biofuel Day, Prime Minister Shri Narendra Modi dedicated the 2nd generation (2G) Ethanol Plant in Panipat, Haryana to the nation. The dedication of the Plant is part of a long
  • History of Indian National Flag
    Every free nation of the world has its own flag. It is a symbol of a free country. The National Flag of India was designed by Pingali Venkayya and adopted in its present form during the meeting of the
  • Wimbledon Tennis Championship 2022
    Wimbledon Men's Singles Title: Serbia's Novak Djokovic beats Australia's Nick Kyrgios to win the final of the men's single for the 7th Wimbledon title. Wimbledon Women's Singles Title: Kazakhstan's El
  • 68th National Film Awards for 2020
    Madhya Pradesh wins the Most Film Friendly State award while Uttarakhand and Uttar Pradesh get Special Mention. The Longest Kiss by Kishwar Desai wins Best Book on Cinema for the year while Malayalam
  • First in India (Women)
    First Tribal woman become president of India Smt. Draupadi Murmu First Women's University Maharshi Karve starts SNDT University in Pune with five students in 1916. First Woman to hold a Union Cabi
  • National Film Awards
    The National Film Awards is one of India's most prominent film award ceremonies in India. The Awards were first presented in 1954. The Government of India conceived the ceremony to honour films made a
  • India Rankings 2022 of Higher Educational Institutes
    The Union Minister of Education, Skill Development and Entrepreneurship, Shri Dharmendra Pradhan released the India Rankings 2022. The National Institutional Ranking Framework (NIRF), launched in Nove
  • Open Network for Digital Commerce (ONDC)
    Open Network for Digital Commerce (ONDC) is an initiative aiming at promoting open networks for all aspects of the exchange of goods and services over digital or electronic networks. ONDC is to be bas
  • Sahitya Akademi Awards 2021
    The Sahitya Akademi announced its coveted annual literary awards for great literary works in 24 languages for the year 2021. Ms. Namita Gokhale was awarded for her novel Things to Leave Behind and Ms.
  • Oscars 2022 winners
    The Oscars are back in Hollywood, as nominees from top contending films including "CODA," "The Power of the Dog" and "Belfast" hit the red carpet for the movie industry's biggest night. The awards cer