2020 General Elections: Implications on Post-Election State Affairs, Politics, Economy: Analysis
  • 4 years ago
2020 총선 결과, 추후 정치, 외교, 경제에 미치는 영향 전문가 분석

The ruling liberal party's resounding victory in South Korea's parliamentary elections - winning the biggest majority since this country's transition to democracy in 1987.
Let's talk about post-elections state affairs - ranging from politics and economy.
Live in the studio with me to my left, Yang Junsok, Professor of Economy at the Catholic University of Korea... to my right, An Junseong, Visiting Professor at Yonsei University Graduate School of International Studies.
Professor An, the comfortable majority will likely embolden President Moon Jae-in's government to pursue its key domestic and foreign objectives. What are some issues on this administration's agenda that we expect President Moon's government to press ahead with the backing of his party's good majority in parliament?
Professor Yang, it appears to be the case that South Korea more or less has COVID-19 under control or is doing pretty well keeping the curve low and flat. But, its economic impact is becoming very real. The IMF forecast negative growth for South Korea. We expect many small shops to go out of business due to the COVID-19 social distancing. The faltering job market. What post-election victory economic policies do we expect from the Moon government?
How does female representation of South Korea's 21st National Assembly compare with other democracies?
The morning after victory, the government pledged an additional supplementary budget worth more than six billion U.S. dollars to provide COVID-19 emergency money to the lowest 70 percent income bracket. Do you expect this to serve as a successful economic relief?
A new chapter in Korean politics indeed especially as it comes in the middle of the coronavirus pandemic. Professor Yang Junsok of the Catholic University of Korea, Professor An Junseong of Yonsei University, thank you both for your analyses tonight.
If you want to learn more about the outcome of the 2020 parliamentary elections in South Korea and its implications, tune into our News In-depth right after Newscenter tonight.
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