ASSESSMENTS

Yoon's Impeachment Opens a New Chapter in South Korea's Saga of Political Instability

Dec 18, 2024 | 19:55 GMT

South Korean President Yoon Suk Yeol speaks during a news broadcast on a television at a train station in Seoul on Dec. 3, 2024, after Yoon declared emergency martial law.
South Korean President Yoon Suk Yeol speaks during a news broadcast on a television at a train station in Seoul on Dec. 3, 2024, after Yoon declared emergency martial law.

(ANTHONY WALLACE/AFP via Getty Images)

Despite South Korean lawmakers voting to impeach President Yoon Suk Yeol, there is still ample room for political instability in the months ahead, keeping the country's economic and foreign policy trajectory in limbo. On Dec. 14, South Korea's National Assembly voted 204-85 to impeach President Yoon over his abortive Dec. 3-4 martial law bid. Yoon was immediately suspended from his duties, with Prime Minister Han Duck-soo becoming acting president until the Constitutional Court rules on whether to confirm Yoon's impeachment within the next six months. Meanwhile, the head of Yoon's ruling People Power Party (PPP), Han Dong-hoon, announced on Dec. 16 that he was stepping down after he called for Yoon's impeachment ahead of the Dec. 14 vote, going against the wishes of most PPP lawmakers. Meanwhile, the head of the opposition Democratic Party (DP), Lee Jae-myung, said on Dec. 15 that the party would ''for now'' not seek to...

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