Democratic Republican Party (South Korea)
Encyclopedia
The Democratic Republican Party (Korean
Korean language
Korean is the official language of the country Korea, in both South and North. It is also one of the two official languages in the Yanbian Korean Autonomous Prefecture in People's Republic of China. There are about 78 million Korean speakers worldwide. In the 15th century, a national writing...

: 민주공화당, hanja
Hanja
Hanja is the Korean name for the Chinese characters hanzi. More specifically, it refers to those Chinese characters borrowed from Chinese and incorporated into the Korean language with Korean pronunciation...

: 民主共和黨; DRP) was a conservative
Conservatism
Conservatism is a political and social philosophy that promotes the maintenance of traditional institutions and supports, at the most, minimal and gradual change in society. Some conservatives seek to preserve things as they are, emphasizing stability and continuity, while others oppose modernism...

, authoritarian
Authoritarianism
Authoritarianism is a form of social organization characterized by submission to authority. It is usually opposed to individualism and democracy...

 and broadly state corporatist or fascistic
Fascism
Fascism is a radical authoritarian nationalist political ideology. Fascists seek to rejuvenate their nation based on commitment to the national community as an organic entity, in which individuals are bound together in national identity by suprapersonal connections of ancestry, culture, and blood...

 political party in South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

, ruling from its formation in 1963 to its dissolution under Chun Doo-hwan
Chun Doo-hwan
Chun Doo-hwan was a ROK Army general and the President of South Korea from 1980 to 1988. Chun was sentenced to death in 1996 for his heavy-handed response to the Gwangju Democratization Movement, but later pardoned by President Kim Young-sam with the advice of then President-elect Kim Dae-jung,...

 in 1980. Under the control of Park Chung Hee, leader of South Korea from his military coup d'état
May Coup
The May Coup d'État was a coup d'état successfully carried out in Poland by Marshal Józef Piłsudski between 12 and 14 May 1926. The coup overthrew the government of President Stanisław Wojciechowski and Prime Minister Wincenty Witos...

 of 1961 until his assassination in 1979, the party oversaw a period of accelerated, state-directed industrialization and socio-economic modernization known as the "Miracle of the Han River", where a predominantly poor and agrarian country was transformed into a powerful industrial "tiger economy
Tiger Economy
A tiger economy is the economy of a country which undergoes rapid economic growth, usually accompanied by an increase in the standard of living. The term was initially used for Japan, South Korea, Singapore, Hong Kong, and Taiwan , and in the 1990s it was applied to the Republic of Ireland...

". The combination of state and corporate chaebol
Chaebol
Chaebol refers to a South Korean form of business conglomerate. They are global multinationals owning numerous international enterprises. The term is often used in a context similar to that of the English word "conglomerate"...

 power pioneered by the party, which was influenced heavily by the precedent of the structures of Japanese rule
Korea under Japanese rule
Korea was under Japanese rule as part of Japan's 35-year imperialist expansion . Japanese rule ended in 1945 shortly after the Japanese defeat in World War II....

, continues to be deeply built into the foundations of the South Korean economic system.

Following the promulgation in October 1972 of the Yushin Constitution, which implemented numerous authoritarian centralizing measures such as the direct appointment of a third of the National Assembly by the President, the DRP assumed an unprecedented level of political power.

After Park's assassination on 26 October 1979 and the seizure of power by Chun Doo-hwan
Chun Doo-hwan
Chun Doo-hwan was a ROK Army general and the President of South Korea from 1980 to 1988. Chun was sentenced to death in 1996 for his heavy-handed response to the Gwangju Democratization Movement, but later pardoned by President Kim Young-sam with the advice of then President-elect Kim Dae-jung,...

 in the coup d'état of December Twelfth
Coup d'état of December Twelfth
The Coup d'état of December Twelfth or the "12.12 Military Insurrection" was a military coup d'état which took place on December 12, 1979 in South Korea....

, the DRP was dissolved in 1980, and nominally superseded by the Korean National Party
Korean National party
The Korean National party is a conservative and republican political party in South Korea. Successor of Democratic-Republican Party, their was Ruling Party of 1962 - 1980. their major rivals Party of Democratic Justice Party...

. However, leadership of the state was assumed by the Democratic Justice Party
Democratic Justice Party
The Democratic Justice Party was the ruling party of South Korea from 1980 to 1990.It was formed in 1980 as the Democratic Republican Party and was the political vehicle for Chun Doo-hwan....

, which may be seen as a spiritual successor of the DRP in terms of its constitutional vision and mimicking of Park's leadership style. Through this evolution, the Grand National Party
Grand National Party
The Grand National Party is a conservative political party in South Korea. Its Korean name, Hannara, has a double meaning as "Great National" and "Korean National." The GNP holds a majority of seats in the 18th Assembly, lasting from 2008 to 2012....

 may be seen as the modern heir of the DRP, though the policies advocated by Korean conservatives have changed significantly since South Korea's democratization
Democratization
Democratization is the transition to a more democratic political regime. It may be the transition from an authoritarian regime to a full democracy, a transition from an authoritarian political system to a semi-democracy or transition from a semi-authoritarian political system to a democratic...

in the late 1980s and 1990s.
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