1. The effect of election on economy 200321823 유 현 주 200321762 박 선 희

2. Introduction Many economical changes before and after the election Is the election simply political action? No! The effect on economy, society, culture The election of pan-national dimension

3. Main subject Activated the securities market with decision of new president Stock rising cover the whole president ’ s term of office with natural rise in reaction at the last period of previous government is reflected expectation of new government Economical condition analysis before and after the successive generations elections 1) Strong Point

4. Repeat of stagnation figures in the latter half of the term of office Caused by weakening of policy effect, a lame duck and and uncertainty about economics policy changing possibility of next government, it can be defined that spread away of investment reservation mentality like wait and see 2) Weak Point Economical condition analysis before and after the successive generations elections

5. 13ger. president 14ger. president 15ger. president 16ger. president Stock prices increase (standard election day) After 1years and 10 months 95% (89.10. 17) 71% (94.10. 19) 106% (99.10. 19) 91% (04.10. 19) After 2years and 10 months 38% (90.10. 17) 56% (95.10. 19) 31% (00.10. 19) 42% (05.10. 19) After 4years and 10 months 11% (92.10. 17) -9% (97.10. 18) 71% (02.10. 18) 24% (07.10. 19) Stock prices change : standard president term of office(5years)

6. “ A bullish tendency before the election A bearish trend after the election ” The period of election Extension policy: little amount of opposition relatively Tight-money policy : much amount of opposition Reason why economical condition is influenced by election

7. Economy is just an instrument for assorting election Main economical problems which press economy including a sign of domestic and abroad crisis can ’ t be a point at issue. Problem about relationship between election and economical conditions

8. In 1987, construction 2millions of residence which was a public pledge of president No.was operated unreasonably conditions of construction were revived an early stage but in the latter half individual wages were rapidly risen, and the common people begun distorting because of price advance 1) No Tae Woo Go. Problem about relationship between election and economical conditions : precedent

9. 2) Kim Dae Joong Go. The situation was focused on the economic policy for overcoming crisis of foreign exchange in 1997 The layer of the common people's dissatisfaction more and more become increase, and various problems including an employment serious disturbance, etc was happened in field of economy and the other fields The government strongly promoted structure coordination in every field for preparing competitive power of the world market Various problems appeared in process of structure coordination such as mass unemployment, etc

10. Statesmen must exactly know what is really needed policy for economical condition and have belief that pursuing it rather than showing unreliable pledges that only for gathering the vote The president doesn't need to have a special knowledge of economy, but he or she must have an ability of looking whole forest named economy Conclusion : Method of problem solution

11. When we solve economical problems, we have to solve not a short-sighted but a long protracted inside dimensions We have to solve the conglutination of politics and economics is fundamental problem of our nation Conclusion : Method of problem solution