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“From Dissident To President”: An Assessment Of President Moon Jae-In’s 5-Year Term

Part 1: Domestic Affairs


The 2017 Presidential Elections in South Korea marked the end of an almost decade-long conservative rule. The new President was Moon Jae-in, a left-leaning former human rights lawyer who was once imprisoned for his participation in pro-democracy protests (BBC, 2018). Moon achieved electoral remarkable wins: he gathered 41% of the total votes in an election with the highest turnout in the past 20 years and won more than 50% of the votes among the 30-49 age group in a traditionally conservative society (The Economist, 2017; Kwon, Boykoff and Griffiths, 2017; Phippen, 2017). Additionally, Moon achieved a 17% point lead over the runner-up, in a total of 13 Presidential candidates (The Economist, 2017; 박 [Park], 2017). At the end of his Presidency, Moon had the highest-ever approval ratings for a South Korean President at the end of their term, standing at 45% (Choi, 2022). Nevertheless, none of that translated to long-term gains for his party, the Democratic Party of Korea, as it lost not only two major cities in the 2021 by-elections, Seoul and Busan but also, and perhaps most importantly, the 2022 Presidential elections to the opposition’s People Power Party (Lee, 2021; Seo, 2022 ).

The chasm between maintaining high approval ratings and the loss of the elections highlights the need for a critical assessment of President Moon Jae-in’s 5-year-long rule, one based not only on his key campaign pledges but also on unforeseen circumstances such as the COVID-19 pandemic.

Fig. 1: Presidential elections voting turnout in South Korea between 1987 and 2017.

Source: 조 [Jo], 2017.

Campaign pledges and outcomes

President Moon Jae-in was elected following the impeachment of President Park Geun-hye due to corruption allegations (Park, 2017). Faced with a nation in turmoil, shaken by the presidential scandal, soaring housing costs and a growing generational divide, President Moon promised to be “President of all the people” and tried to implement much-needed change in South Korea’s domestic and foreign policies (Hotham, 2017; Denney, 2017). Starting with his domestic commitments, President Moon promised ground-breaking reforms. However, five years later, it appears that little work has been done in the areas where change was needed the most.

Unemployment, work hours, and minimum wage.

Faced with climbing unemployment rates, he pledged the creation of 810.000 jobs in the public sector, focusing on teachers, police officers, firefighters, and caretakers in nursing homes. The objective was to help with the country’s growing elderly population and to provide incentives that would churn out an additional half a million jobs in the private sector (Rossi, 2017; Seo, 2017). Yet, in June 2017, a month after Moon’s election, the unemployment rate stood at 3.8% (KOSTAT, 2017). By January 2021, it had reached 5.7% and in January 2022 it dropped to 4.1% (KOSTAT, 2022). Despite the government’s efforts, the supplementary budgets and the stimuli checks, the pandemic took its toll on the country’s economy. The number of irregular workers increased and the combined number of new jobs stands at a mere 130,000, with the country’s six biggest chaebols (재벌, family-owned conglomerates), KT, Samsung, LG, SK, Posco and Hyundai Motor, promising an additional 179,000 in the next three years (Korea Herald, 2021; Shin, 2021; Stangarone, 2021; Yoon, 2021).

Even though these employment targets were not met, President Moon delivered on two other key work-related promises regarding long work hours and low minimum wage. The 68-hour week is a chronic problem in South Korea’s workforce. To combat this, in 2018, President Moon established a 52-hour-maximum workweek (40-hour-week + a maximum of 12 hours for overtime) in larger companies: Nonetheless, this measure excludes 2 in every 5 employees based on sector, company size and labour market status, excludes 2 in every 5 employees, and is still frequently flouted by both employers and employees (Haas, 2018; Hijzen & Thewissen, 2020). Moon has also been consistent in his promise to increase the minimum wage, as, in all fairness, all his predecessors had done. As shown in Figure 2, the minimum wage has increased every year, despite the slowdown triggered by the pandemic. Additionally, while the government decided on a further 5.05% increase for 2022, with the new minimum wage reaching 9,160 won per hour, it is still 840 won shy of President Moon’s campaign promise (Ko, 2021).

Fig. 2: Minimum Wage in South Korea from 2016 to 2021. Source: Ministry of Employment and Labor, n. d.

Finally, President Moon promised to curb household debt and implement measures to help young people become homeowners (Seo, 2017). While he imposed taxes on owners of multiple properties (Choi, 2020), South Korea’s household debt stands at a grand 103% of the GDP and real estate prices have almost doubled since 2017 (Cho, 2022).

It is undeniable that the administration fell short of its promises to help aspiring homeowners and relieve the burdens of unemployment, especially between 2017 and 2019. Yet, given external factors at play, such as the COVID-19 pandemic, it would be unfair to blame the Moon government for the shortcomings of the 2020-2022 period. Nonetheless, curbing the long work weeks in a nation where being overworked is the norm (Kwon and Field, 2018) was a significant victory of the Moon presidency in domestic affairs.

Fight against corruption

Among the reforms President Moon promised to implement were drastic changes in the operation framework of the chaebols, especially after the financial scandal that led to the impeachment of his predecessor.

Prohibiting the passing down of generational power within the chaebols, putting an end to the pardons on chaebol-related financial crimes, increasing regulation to break off the chaebol rule of the corporate landscape and establishing a “National Integrity Committee” against corruption: these policy proposals seemed to resonate with voters (Seo, 2017). Despite representatives of the conglomerates judging the chaebol-related suggested legislation as “overregulating”, the newly-introduced pieces were passed by the National Assembly on December 9th, 2020. In doing so, they theoretically limited the power of the most influential families in South Korea (Kim S., 2020; Kim S.-y. , 2020; Kim J., 2020). A few days later, the National Assembly passed a bill approving the establishment of the Corruption Investigation Office of High-ranking Officials (Song, 2019).

In the same vein, Moon declared the need for transparency in the appointment of government officials and the increased independence of the Board of Audit and Inspection (BAI). To fulfil this promise, in 2021, he nominated Choe Jae-hae, an experienced auditor from within the BAI, as head of the Board. This made him the first-ever Director to have experience working on the Board in 73 years (Kim S., 2021).

Nonetheless, scandals were one of the key features of President Moon’s term; for example, earlier in Moon’s term, in 2019, Justice Minister Cho Kuk, Moon’s personal choice, had to quit only after a month of assuming office. The government’s housing agency, directly influenced by the President and thus the Democratic Party, was at the centre of a scandal related to profits deriving from government-funded housing development projects, even after Choe, another of Moon’s choices was made head of the Board (Choe, 2021; Harris and Lee, 2022).

Lastly, after consecutive spying allegations against the National Intelligence Service (NIS) (for example BBC, 2014; Denney, 2015, Park, S. S., 2017), Moon promised to redirect their efforts to exclusively overseas-related duties, therefore increasing the jurisdiction of the national police in terms of intelligence services (Seo, 2017). Consequently, in December 2020, the National Assembly passed a law limiting the jurisdiction of the NIS to counterintelligence, counterterrorism and intelligence-gathering related to North Korean affairs, taking away, by 2024, all rights to conducting investigations related to domestic politics (Shim, 2020).

From a legislative point of view, the Moon administration pushed for bills that would lay the foundation for increased transparency in the private and public sectors. However, in reality, all efforts were marred by continuous scandals that hindered progress.

Fig. 3: Effigy of former President Park Geun-hye during an anti-government rally demanding the resignation of the president in central Seoul on November 30, 2016.

Source: Unsplash

A President for all the People

Aiming to bring the Presidency closer to the people, President Moon promised to move the working part of the Cheong Wa Dae (the “Blue House”, the residence and office of the President) from a secluded place behind the famous Gyeongbok Palace to a central building in downtown Seoul (Seo, 2017). However, when President Moon moved into the Cheong Wa Dae, he kept it both as the official residence and the Office.

President Moon has long advocated for a constitutional amendment that would change the presidential mandate from a single 5-year term to a four-year term with the option for re-election, promising to hold a referendum in 2018 (Rossi, 2017). Despite President Moon signing the corresponding bill, the opposition boycotted the voting process by not attending the plenary session, leading to the conclusion of talks on constitutional reform (강 [Kang], 2018; 고 [Koh], 2018; 이 [Lee], 2018). Last but not least for domestic affairs, President Moon had announced he wanted to shorten the mandatory military service from 24 to 18 months, as well as increase the payment that the soldiers receive (Seo, 2017). While the first part of this promise was never fulfilled, the wages of the conscripts almost doubled, yet they remain far behind the country’s minimum wage (Choi S.-y. , 2020).


Looking back to his campaign, President Moon made a total of eleven key promises on internal matters: to create more jobs, increase the minimum wage, reduce working hours, curb the power of the chaebol, reform the BAI and the NIS, establish a committee that would investigate corruption in high-ranking politicians, to move the Presidential Office, to change the 5-year Presidential term, to shorten the military service and to increase the wages of the conscripts. Out of the eleven promises, he delivered on six.

Moon’s term was path dependent on the history of South Korean political and financial affairs as chronic problems remained unchanged, and the few steps forward were either the minimum expected or relatively ineffective. Political and economic scandals were common occurrences and crucial problems for the younger generations were not resolved. While he induced change on the anti-corruption front and can be credited with the reduction of working hours, he was unable to bring forth a Constitutional reform regarding the Presidential term, a reform characterised as “public demand” (강 [Kang], 2018). Yet, the biggest paradox might be that he was counting on the chaebols for new jobs while simultaneously imposing legislation to reduce their wealth and power.

In the end, according to analysts, treading the usual path when having promised the sky was enough for the voters to turn their back on Moon’s Democratic Party and elect the opposition candidate as the next President (Choon, 2022; Lee J.-m., 2022; The Strait Times, 2022). Nevertheless, whether it is due to the lack of alternatives (Jung, 2020) or because the people truly trusted him, Moon remains the most popular outgoing President in the country’s history.



References in English

BBC (2014, April 15). South Korea spy agency 'overhaul' amid forgery row. Retrieved March 29, 2022, from BBC News:

BBC (2018, April 26). Moon Jae-in: South Korea's president with humble roots. Retrieved March 29, 2022, from BBC News:

Cho, K. (2022, January 25). Korea’s $834 billion household-debt spurs bank bond sales. Retrieved March 29, 2022, from Bloomberg:

Choe, S.-H. (2021, March 23). ‘The Den of Thieves’: South Koreans are furious over housing scandal. Retrieved April 26, 2022, from The New York Times:

Choi, J.-h. (2020, July 10). S. Korea to impose heavier taxes on multiple home owners. Retrieved March 29th, 2022, from The Korea Herald:

Choi, M.-w. (2022, March 8). Moon still shines. Why? Retrieved March 29, 2022, from Korea JoongAng Daily:

Choi, S.-y. (2020, January 12). [Feature] Korea urged to pay conscripts better. Retrieved April 26, 2022, from The Korea Herald:

Choon, C. M. (2022, May 7). The 'Peace President': S. Korean leader Moon Jae-in's glories and failures over his 5-year term, Retrieved May 28, 2022, from The Strait Times:

Denney, S. (2015, August 1). Is South Korea’s Intelligence Agency Spying on Its Own Citizens? Retrieved March 29, 2022, from The

Denney, S. (2017, May 13). South Korea’s 19th Presidential election: Lessons learned. Retrieved March 29, 2022, from The

Haas, B. (2018, March 1). South Korea cuts 'inhumanely long' 68-hour working week. Retrieved March 29, 2022, from The Guardian:

Harris, T., & Lee, H. (2022, March 2). The Presidential campaign heralds a new era of political competition in South Korea. Retrieved March 29, 2022, from American

Hotham, O. (2017, May 9). Moon Jae-in claims victory in South Korea’s Presidential election. Retrieved March 29, 2022, from NK News:

Jung, D.-m. (2020, November 12). 'Lack of alternatives keeps Moon's approval rating high'. Retrieved March 29, 2022, from The Korea Times:

Kim, A. (2022, January 11). Moon-established investigative office slammed over possible phone spying. Retrieved April 15, 2022, from The Korea Herald:

Kim, D.-h., & Lee, H.-a. (2022, March 28). (5th LD) Moon promises to cooperate on budget for relocation of presidential office: Yoon aide. Retrieved April 1, 2022, from Yonhap News Agency:

Kim, J. (2020, December 9). Moon's party passes bill to limit power of South Korea's chaebol. Retrieved April 15, 2022, from Nikkei Asia:

Kim, S. (2020, November 19). Korea set to crack down on chaebols with corporate reform. Retrieved April 15, 2022, from Bloomberg:

Kim, S. (2021, November 12). Board of Audit and Inspection run by one of its own. Retrieved April 26, 2022, from Korea JoongAng Daily:

Kim, S.-y. (2020, December 9). Revised economic laws to curb top shareholders' dominance, unfair business practices. Retrieved May 28, 2022, from Yonhap News Agency:

Ko, J.-t. (2021, July 13). 2022 minimum wage set at 9,160 won, falling short of Moon’s campaign promise. Retrieved March 29, 2022, from The Korea Herald:

Korea Herald. (2021, December 8). Moon vows to support creation of mutually beneficial local jobs. Retrieved March 29, 2022, from The Korea Herald:

KOSTAT. (2017). Economically active population survey in June 2017. Social Statistics Bureau, Employment Statistics Division. Statistics Korea.

KOSTAT. (2022). Economically active population survey in January 2022. Social Statistics Bureau, Employment Statistics Division. Statistics Korea.

Kwon, K. J., Boykoff, P., & Griffiths, J. (2017, May 10). South Korea election: Moon Jae-in declared winner. Retrieved March 29, 2022, from

Kwon, J., Field, A. (2018, November 5). South Koreans are working themselves to death. Can they get their lives back?, Retreived May 28, 2022, from

Lee, C. M. (2021, April 14). After an electoral loss, will South Korea’s President change his policies? Retrieved March 29, 2022, from Carnegie Endowment for International Peace:

Lee, J.-m. (2022, May 5). Moon’s sad retreat, Retrieved May 28, 2022, from Korea JoongAng Daily:

Ministry of Employment and Labor. (n.d.). Statistics: Wage & Working hours. Retrieved March 29, 2022, from Ministry of Employment and Labor, Republic of Korea:

Noland, M., & Boydston, K. (2017, May 9). President Moon Jae-in and Sunshine Policy 3.0. Retrieved March 29, 2022, from Peterson Institute for International Economics:

Park, P. (2017, May 11). Experts discuss the South Korean election result. Retrieved March 29, 2022, from Brookings:

Park, S. S. (2017, March 7). Former Spy Claims NIS Spied on Constitutional Court. Retrieved March 29, 2022, from Korea Exposé:

Phippen, W. J. (2017, May 9). Moon Jae In wins South Korea’s Presidential election. Retrieved March 29, 2022, from The

Rossi, E. (2017, May 3). South Korea’s Presidential election: candidates and key policies. Retrieved March 29, 2022, from Institute for Security & Development Policy:

Seo, Y. (2017, May 8). Here’s what South Korea’s presidential front-runner has promised. Retrieved March 29, 2022, from The Washington Post:

Seo, Y. (2022, March 10). South Korea elects opposition conservative Yoon Suk Yeol to be next president. CNN. Retrieved March 29, 2022, from

Shim, K.-S. (2020, December 14). New law cuts NIS out of domestic politics for good. Retrieved April 26, 2022, from Korea JoongAng Daily:

Shin, J.-h. (2021, December 26). Moon Jae-in to meet with Samsung, LG chiefs to discuss youth employment. Retrieved March 29, 2022, from The Korea Herald:

Song, J.-a. (2019, December 30). South Korea passes bill to set up anti-corruption agency. Retrieved April 15, 2022, from Financial Times:

Stangarone, T. (2021, December 14). South Korea’s Moon lays out agenda for the remainder of his term. Retrieved March 29, 2022, from The Diplomat:

The Economist. (2017, May 13). Moon Jae-in easily wins South Korea’s presidential election. Retrieved March 29, 2022, from The

The Strait Times. (2022, May 6). From Kim-Trump summits to housing policy: The failures of South Korea's Moon Jae-in. Retrieved May 28, 2022, from The Strait Times:

Yoon, J.-y. (2021, November 14). Paradox of job policy: Irregular workers increasing despite Moon's rosy promise. Retrieved May 28, 2022, from The Korea Times:

References in Korean

강, 창광. (2018, May 24). [한겨레 사설] ‘대통령 개헌안’ 표결 무산, 정치권 모두의 패배다 [[Hankyoreh Editorial] Failed to vote on 'Presidential Amendment Bill', a defeat for all politicians]. Retrieved May 28, 2022, from 한겨레 [Hankyoreh]:

고, 상민. (2018, March 22). [대통령개헌안] ⑪대통령 4년 연임제…총리 선출은 현행대로(종합) [[Presidential Constitution Amendment Bill]⑪4-year presidential term...Election of Prime Minister as it is now (comprehensive)]. Retrieved May 28, 2022, from 연합뉴스 [Yonhap News]:

박, 상욱. (2017, May 9). 제19대 대통령 선거 출구조사, 연령별·지역별 분석해보니 [The 19th presidential election exit poll, analyzed by age and region]. Retrieved March 29, 2022, from 중앙일보 [JoongAng Ilbo]:

이, 민석. (2018, March 14). 文대통령 "지방정부·대통령 임기 함께 가야… 6·13 동시투표는 국민약속" #[President Moon "The local government and the presidential term should go together... June 13 simultaneous voting is the people's promise"]. Retrieved April 26, 2022, from 조선일보 [Chosun Ilbo]:

조, 일준. (2017, May 9). 19대 대선 투표율 77.2%…20년만에 “최고” 기록 [19th presidential election turnout 77.2%... "Best" record in 20 years]. Retrieved May 9, 2022, from 한겨레 [Hankyoreh]:

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