The Fort Worth Press - South Korea set to vote in crucial parliamentary election

USD -
AED 3.672501
AFN 64.504253
ALL 81.598713
AMD 359.67278
ANG 1.789785
AOA 917.999695
ARS 1538.2475
AUD 1.421262
AWG 1.8025
AZN 1.698959
BAM 1.758181
BBD 2.017808
BDT 124.280834
BGN 1.747831
BHD 0.378105
BIF 3005.600554
BMD 1
BND 1.283543
BOB 11.917476
BRL 5.351801
BSD 1.001892
BTN 95.226537
BWP 13.859348
BYN 2.947424
BYR 19600
BZD 2.014932
CAD 1.40315
CDF 2314.999777
CHF 0.829445
CLF 0.024924
CLP 984.130074
CNY 6.66835
CNH 6.66431
COP 3151.78
CRC 455.595609
CUC 1
CUP 24.044517
CVE 99.123517
CZK 21.882199
DJF 178.40785
DKK 6.71291
DOP 61.444278
DZD 135.331402
EGP 56.126301
ERN 15
ETB 162.972609
EUR 0.89818
FJD 2.244204
FKP 0.75114
GBP 0.75235
GEL 2.570501
GGP 0.75114
GHS 11.676555
GIP 0.75114
GMD 74.000233
GNF 8866.375106
GTQ 7.656419
GYD 209.942467
HKD 7.844915
HNL 26.89794
HRK 6.76901
HTG 131.239943
HUF 329.6745
IDR 18184
ILS 3.117425
IMP 0.75114
INR 95.141971
IQD 1518.788206
IRR 1856999.999859
ISK 122.279863
JEP 0.75114
JMD 159.404525
JOD 0.708973
JPY 157.907497
KES 129.940079
KGS 87.448605
KHR 4090.273689
KMF 441.000317
KPW 899.999961
KRW 1343.609796
KWD 0.311019
KYD 0.834862
KZT 457.910823
LAK 22548.645041
LBP 89716.422674
LKR 333.065143
LRD 170.315667
LSL 16.709083
LTL 2.95274
LVL 0.60489
LYD 6.436563
MAD 9.868303
MDL 18.093068
MGA 4560.450921
MKD 55.35329
MMK 2099.630718
MNT 3601.077836
MOP 8.095253
MRU 40.249373
MUR 47.56014
MVR 15.450191
MWK 1737.250425
MXN 18.64791
MYR 4.0766
MZN 63.909811
NAD 16.709008
NGN 1345.980222
NIO 36.866069
NOK 9.289795
NPR 152.363829
NZD 1.78115
OMR 0.384497
PAB 1.001888
PEN 3.451546
PGK 4.491231
PHP 63.968502
PKR 277.234306
PLN 3.956415
PYG 5828.864747
QAR 3.652104
RON 4.806201
RSD 105.564989
RUB 80.522822
RWF 1482.753351
SAR 3.750764
SBD 8.064647
SCR 13.702334
SDG 601.500338
SEK 9.93101
SGD 1.282035
SHP 0.749344
SLE 22.874983
SLL 20969.504398
SOS 572.550994
SRD 37.6505
STD 20697.981008
STN 22.02465
SVC 8.766631
SYP 13001.999685
SZL 16.701501
THB 33.7795
TJS 9.217057
TMT 3.5
TND 2.999551
TOP 2.40776
TRY 49.837993
TTD 6.800611
TWD 32.428499
TZS 2640.332993
UAH 45.735578
UGX 4393.203883
UYU 40.165228
UZS 11956.976101
VES 886.72915
VND 25856.5
VUV 118.98361
WST 2.767767
XAF 589.167476
XAG 0.018582
XAU 0.000246980356
XCD 2.70255
XCG 1.805556
XDR 0.707052
XOF 589.167476
XPF 107.209637
YER 236.149636
ZAR 16.65841
ZMK 9001.197509
ZMW 20.204154
ZWL 321.999592
SSP 5745.470209
MXV 2.102796
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

South Korea set to vote in crucial parliamentary election
South Korea set to vote in crucial parliamentary election / Photo: © YONHAP/AFP

South Korea set to vote in crucial parliamentary election

South Korea will vote Wednesday in key legislative elections that will determine control of the country's parliament -- and whether President Yoon Suk Yeol can advance his socially conservative agenda.

Text size:

The April 10 election, in which voters will choose members of the 300-seat National Assembly, is widely seen as a referendum on Yoon, who won a 2022 election by the narrowest margin in South Korean history.

His People Power Party (PPP) is hoping to win back control of parliament -- held by the opposition since 2016 -- which would be a boost for his agenda, including planned healthcare reforms, a hawkish North Korea policy, and a pledge to abolish the ministry of gender equality.

But if the opposition win big -- as some polls suggest they could -- experts say the president, who has long struggled with low popularity ratings, could effectively become a lame duck for the remainder of a term that ends in 2027.

"If the People Power Party is still a minority party after the general election... cooperation with the National Assembly will be very difficult," said Kang Joo-hyun, a professor of political science and international relations at Sookmyung Women’s University.

"The president will become a lame duck quickly and... the power of state affairs will be greatly reduced," she told AFP.

Thanks to the election coming nearly halfway through his term, it "can perform the function of evaluating and judging the Yoon Suk Yeol administration's state administration," she said.

But it is equally "an election that can judge the opposition party", she added.

- Negative campaign -

The main opposition Democratic Party (DP), led by Yoon's arch-rival Lee Jae-myung, was polling slightly ahead of the PPP -- 37 percent to 35 percent -- in a March 31 Gallup survey.

Polling is banned for seven days before the vote.

But the newly formed Rebuilding Korea party has also been polling strongly as a protest vote, indicating that many voters feel both the government and opposition are lacking.

It is led by disgraced former justice minister Cho Kuk, who is facing jail time for allegedly forging documents to help his children gain admission to university.

Lee is also under investigation in a slew of cases, including for alleged bribery in connection with a firm that is suspected of illicitly transferring $8 million to North Korea. He denies all charges.

And the campaign has been more about stoking voter resentment than about substantive policy debate, experts say, with the PPP voting to "imprison" Lee and Cho, and the DP promising to "punish" Yoon for his purported misgovernance.

Major issues including Seoul's policy towards the nuclear-armed North have been nearly absent from campaign speeches, with even key voter concerns like inflation and an ongoing strike by junior doctors taking a back seat to a leadership popularity contest.

"Public sentiment that this election should be a stern referendum on Yoon has been strengthened in recent weeks to a point that this election can solely be seen as a referendum vote," political consultant Bae Kang-hun told AFP.

- 'Dead duck' -

Polls have even indicated the opposition could win a super-majority of more than 200 seats, which would give them the ability to move to impeach the president.

"If that were to happen, Yoon will be a dead duck, not only a lame duck," Bae said.

"There's virtually nothing he could do with such a lopsided parliament," he said, except "keep the status quo" on foreign policy, where he has sought to bury the historical hatchet with former colonial power Japan and forge closer ties with Washington to counter the North.

If Yoon becomes a lame duck, US President Joe Biden's administration could be "concerned about policy continuity," Claudia Junghyun Kim, an international affairs professor at City University of Hong Kong, told AFP.

"Yoon has unambiguously and unabashedly sided with the United States and its allies," she said.

"But then, if we end up with a second (Donald) Trump presidency, there's a question of policy continuity in Washington, too," she said, referring to the November election in the United States.

N.Patterson--TFWP