- Democratic Party (Republic of Korea, 2005)
Infobox Political Party
colorcode=#0099FF
party_name=Democratic Party
party_logo=
leader=Park Sang-cheon
foundation=
headquarters= 25-4, Yeouido-dong,Yeongdeungpo-gu ,Seoul
ideology=Liberalism
international=
website= [http://minjoo.or.kr minjoo.or.kr] The Centrist Reformists Democratic Party was a political party ofSouth Korea .Formerly called Millennium Democratic Party (MDP), or Saecheonnyeon Minju-dang (새천년민주당 in Korean), but changed its name to the present form on
May 6 ,2005 .History
The party was formed in 1995 as the New Congress for New Politics after
Kim Dae Jung returned to active politics following his retirement in 1992. The majority of the party's early supporters were former members of the Democratic Party, formed in 1991.In the 1996 Parliamentary election the party managed to come a strong second, winning 79 seats. In the 1997 Presidential election Dae Jung won the Presidency with 40% of the vote.
In 2000, the party officially changed its name to the MDP, after it merged with the smaller
New People Party led byRhee In-je and a number of conservative minded politcians joined it. In the 2000 Parliamentary election the party came second winning 115 seats.President
Roh Moo-hyun was elected as the party's candidate in2002 , but he subsequently left the party and his supporters formed theUri Party in2003 .The MDP lost popularity when Roh was
impeach ed in March 2004 by the National Assembly for illegal electioneering and incompetence charges with support from theGrand National Party , losing 53 seats to a total of only 9 seats in the 2004 parliamentary election. Roh Moo-hyun was later re-instated by the Constitutional Court, and served as president until the end of his term.In-je was elected the party's Presidential candidate by the delegates on
October 14th ,2007 but received a bad result in the election on December 19th: He obtained only 0.7% of the voteOn
February 17 ,2008 the party merged with theUnited New Democratic Party to form the United Democratic Party.Presidential election primary
Candidates
This is a list of official pre-registered candidates that declared their 2007 presidential bid.
* [http://www.kyh21.com Kim Yeong-hwan] (김영환), former Assembly member and also former Minister of Science and Technology of DJ's Administration has been declared not to run its presidential primary on
August 31 ,2007 [ [http://news.media.daum.net/politics/others/200708/31/yonhap/v17976813.html Kim Yeong-hwan announced not to run] , Yonhap, Retrieved onAugust 31 ,2007 ]ee also
*
List of political parties in South Korea
*Politics of South Korea
*Elections in South Korea
*Liberalism in South Korea
*Liberalism
*Contributions to liberal theory
*Liberalism worldwide
*List of liberal parties
*Liberal democracy References
External links
* [http://minjoo.or.kr Democratic Party] official site
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