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==Political parties and elections== {{elect|Political parties in South Korea|Elections in South Korea}} South Korea elects on national level a head of state β the president β and a legislature. The president is elected for a five-year term by the people. The National Assembly (''Gukhoe'') has 300 members, elected for a four-year term, 253 members in single-seat constituencies and 47 members by proportional representation. The main two political parties in South Korea are the centrist or centre-left [[Democratic Party (South Korea, 2015)|Democratic Party of Korea]] ({{lit|Together Democratic Party}} or DPK) and the conservative [[People Power Party (South Korea)|People Power Party]] (PPP), formerly the [[United Future Party]] (UFP). These are the dominant forces of South Korean politics at present. {{Parties in the South Korean National Assembly}} ===Political nature=== South Korea's political history has always been prone to splits from and merges with other parties. One reason is that there is a greater emphasis around the 'politics of the individual' rather than the party; therefore, party loyalty is not strong when disagreements occur. The graph below illustrates the extent of the political volatility within the last 10 years alone. These splits were intensified after the [[2016 South Korean political scandal]]. [[File:Graph of South Korean Political Parties (2005-2018).png|thumb|This graph traces the recent origins of all six main political parties currently in the Republic of Korea, all of which have either split from or merged with other parties in the last four years. They have emerged from four main ideological camps, from Left to Right: Progressive (socialist), liberal, centrist, and conservative.]] ===Latest elections=== ==== Presidential election ==== {{main|2022 South Korean presidential election}}In March 2022, Yoon Suk-yeol, the candidate of the conservative opposition People Power Party, won a close [[2022 South Korean presidential election|election]] over Democratic Party candidate [[Lee Jae-myung]] by the narrowest margin ever. On 10 May 2022, Yoon was sworn in as South Korea's new president.<ref>{{cite news |title=Who is South Korea's new president Yoon Suk-yeol? |url=https://www.france24.com/en/asia-pacific/20220510-who-is-south-korea-s-new-president-yoon-suk-yeol |work=France 24 |date=10 May 2022 |language=en |access-date=23 September 2022 |archive-date=23 September 2022 |archive-url=https://web.archive.org/web/20220923202013/https://www.france24.com/en/asia-pacific/20220510-who-is-south-korea-s-new-president-yoon-suk-yeol |url-status=live }}</ref> ===Legislative election=== {{main|2024 South Korean legislative election}}
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