SEOUL: South Korean President Yoon Suk Yeol promised “reform” following a devastating election that bolstered the opposition’s control over parliament, leading to the resignation of key party leaders including People Power Party (PPP) leader Han Dong-hoon, Prime Minister Han Duck-soo, and several senior aides.
The election outcome has rendered Yoon a “lame duck” president for the remainder of his term, amidst challenges such as a sluggish economy and escalating tensions with North Korea, according to political experts.
Professor Shin Yul from Myongji University predicts heightened confrontation between Yoon and the opposition in the next parliament, particularly with the election of hawkish candidates critical of his administration.
Despite adopting a tough stance towards North Korea and improving relations with the United States and Japan, Yoon faces widespread public dissatisfaction over issues like inequality, soaring housing costs, and youth unemployment.
Yoon’s popularity further waned after controversial incidents, including remarks about green onion prices and a video showing his wife receiving an expensive designer handbag.
“I will humbly respect the people’s will expressed in the general election, implement state affairs reforms, and prioritize stabilizing the economy and improving people’s livelihoods,” stated Yoon, as reported by his chief of staff Lee Kwan-sup.
Following the election results, Yoon’s conservative People Power Party (PPP) saw a decline from 114 to 108 seats in parliament, while Lee Jae-myung’s Democratic Party (DP) and its allies gained seats, reaching 175 from 156 in the previous legislature.
The newly-established Rebuilding Korea party, led by former justice minister Cho Kuk, secured 12 seats, benefitting from discontent with the main parties.
Although the opposition fell short of a super-majority, political observers see Yoon’s loss as a significant setback, with his proposed healthcare reforms facing opposition and strikes from doctors, and a pledge to eliminate the gender equality ministry.
Despite avoiding immediate impeachment threats, Yoon’s ability to navigate cooperation with the opposition will be critical in avoiding potential impeachment, according to analysts.
The election result marks a “biggest political crisis” for Yoon since taking office, noted the conservative daily newspaper Chosun Ilbo.
Moving forward, Yoon’s ability to collaborate with opposition factions will determine the stability of his presidency amidst the shifting political landscape.
