New Korea Party

The New Korea Party (NKP; Korean: 신한국당; RR: Sinhangukdang) was founded by the merging of Roh Tae-woo's Democratic Justice Party, Kim Young-sam's Reunification Democratic Party and Kim Jong-pil's New Democratic Republican Party to form the Democratic Liberal Party (Korean: 민주자유당; Hanja: 民主自由黨; RR: Minjujayudang; MR: Minjuchayutang; DLP). It was renamed to New Korea Party in 1995.^[5]

New Korea Party 신한국당 新韓國黨
Leader	Lee Hoi-chang
President	Kim Young-sam (1992–1997)
Founded	January 22, 1990 (1990-01-22)[lower-alpha 1] December 6, 1995 (1995-12-06)[lower-alpha 2]
Dissolved	November 21, 1997 (1997-11-21)
Merger of	Democratic Justice Reunification Democratic[lower-alpha 3] New Democratic Republican
Merged into	Grand National
Ideology	Conservatism (South Korean)[1] Neoliberalism[2]
Political position	Centre-right[3] to right-wing[4]
International affiliation	International Democrat Union
Colors	Blue
Politics of South Korea Political parties Elections

New Korea Party
Hangul	신한국당
Hanja	新韓國黨
Revised Romanization	Sinhangukdang
McCune–Reischauer	Sinhan'guktang
Democratic Liberal Party
Hangul	민주자유당
Hanja	民主自由黨
Revised Romanization	Minjujayudang
McCune–Reischauer	Minjujayutang

In 1997, the NKP merged with the Democratic Party to form the Grand National Party.

Election results

President

Election	Candidate	Votes	%	Result
1992	Kim Young-sam	9,977,332	41.96	Elected

Legislature

Election	Leader	Votes	%	Seats				Position	Status
				Constituency	Party list	Total	+/–
1992	Roh Tae-woo	7,923,719	38.49	116 / 237	33 / 62	149 / 299	new	1st	Government
1996	Kim Young-sam	6,783,730	34.52	121 / 253	18 / 46	139 / 299	10		Opposition

Local

Election	Metropolitan mayor/Governor	Provincial legislature	Municipal mayor
1995	5 / 15	335 / 875	70 / 230

Logos

• 
  Democratic Liberal Party (1990–1995)
• 
  Democratic Liberal Party (1995 local elections)

Notes

1. as the Democratic Liberal Party
2. as the New Korea Party
3. Young-sam faction

References

1. Kim, Byung-kook (2008), "Defeat in victory, victory in defeat: the Korean conservatives in democratic consolidation", Political Transitions in Dominant Party Systems: Learning to lose, Routledge, p. 170
2. 경제정책 비교
3. The Political Reference Almanac, PoliSci Books, 2001, ISBN 9780967028613
4. Sun-Chul Kim (2004). Protracted Transition and Popular Contention: South Korean Democratization from a Comparative Perspective. "... in the creation of a right-wing United Liberal Democrats and the New Korea Party, ..."
5. "Roh Tae-Woo - president of South Korea".