South Korean presidential election, 2012
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| Turnout | 75.84% | ||||||||||||||||
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provinces and cities won by
■ – Park Geun-hye ■ – Moon Jae-in |
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■ – Park Geun-hye
The 18th South Korean presidential election was held in South Korea on 19 December 2012. It was the sixth presidential election since democratization and the establishment of the Sixth Republic, and was held under a first-past-the-post system, in which there was a single round of voting and the candidate receiving the highest number of votes was elected. Under the South Korean constitution, presidents are restricted to a single five-year term in office. The term of incumbent president Lee Myung-bak has ended on 24 February 2013. According to the Korea Times, 30.7 million people voted with turnout at 75.8%. Park Geun-hye of the Saenuri party was elected the first female South Korean president with 51.6% of the vote opposed to 48.0% for her opponent Moon Jae-in. Park's share of the vote was the highest won by any candidate since the beginning of free and fair direct elections in 1987.
Lee Myung-bak was elected President of South Korea in 2007 as the nominee of the conservative Grand National Party after a closely contested primary in which he narrowly defeated Park Geun-hye, and assumed office in February 2008. His victory brought to a close ten years of liberal administration under Kim Dae-jung and Roh Moo-hyun. The Lee Myung-bak government pursued the reduction of government bureaucracy and a laissez-faire economic policy, and came under criticism from the left for political scandals and controversial policies such as the Jeju-do Naval Base and its support of the South Korea-United States Free Trade Agreement, although both were initiated under the previous administration. Despite the fact that he was elected in a landslide victory and received initial approval ratings of 70%, Lee's ratings had declined to below 30% by 2012.
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