The Christian Science Monitor
December 20, 2007
Seoul, South Korea – The conservative former mayor ofroared to an easy victory in ‘s presidential election Wednesday in what is widely viewed as a referendum for economic reform and an end to the left-leaning leadership of the past decade.
With Lee Myung Bak receiving nearly as many votes as all 10 other candidates combined, analysts see his triumph as a return to traditional conservative values and repudiation of the liberal policies of the outgoing president, Roh Moo Hyun, and Mr. Roh’s predecessor,, who forged the country’s reconciliation with .
“This will be good for the economy,” says Huh Chan Guk, director of economic research at the Korea Economic Research Institute. The institute is affiliated ….
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