The Rhee Syngman government focused on an anti-communist approach to government beginning in 1954, but in 1960 the government's power collapsed with the student's anti government movement, the 4.19 Revolution. In 1963, Park Chung-hee was elected president and ruled with a controversial iron fist for the next 17 years. President Park Chung-hee's 'Saemaeul Undong' (New Community Movement, an effort to modernize Korea that began in 1970) brought about much progress in South Korea , and the systematic approach to economic development also yielded increased exports and positive returns.
But with the democratic movement in progress and the citizens becoming wary of such extended rule, Park Chung-hee's life ended in a 1979 assassination. Afterwards in 1980, Chun Doo-hwan came to power and continued to lead the nation with an authoritarian slant as had been the case with former rulers. His rule came to an end in 1987 after massive protests across the country demanded democracy.
In 1988 the Roh Tae-woo government started off the year on a good note by successfully hosting the 1988 Seoul Olympics. His government went on to join the UN in 1991. The Kim Young-sam government which began in 1993 implemented a new system in which people were required to use their real names when making financial transactions, a much needed revolution at the time. In 1998, Kim Dae-jung was elected president and threw his efforts into overcoming the IMF financial catastrophe that hit Asia in 1997, and also hosted the 17th FIFA World Cup in 2002. President Kim Dae-jung was also the winner of the 2000 Nobel Peace Prize for his Sunshine Policy regarding North Korea . President Rho Moo-hyun's term began in 2003 aiming, to achieve economic growth, and develop Korea as the hus of Asia with a more democratic style of leadership. On the other hand, North Korea has been ruled by Kim Jeong-il since the death of Kim Il-Sung in 1994. Faced with dire economic situations, North Korea has begun to implement partial free trade in an effort to remedy the situation. North and South Korea jointly signed an agreement on July 4th, 1972 concerning the reunification of the two Koreas , and in 2000 Kim Dae-jung and Kim Jeong-il took early steps to explore reunification, improving the economy, and solving the problem of separated families. The family reunification program, started in 1985, continues until this day. In 1998, South Korean citizens began to be admitted into North Korea to tour the Geumgangsan Diamond Mountains . |