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Analysis Lee Jae-myung pivots to pragmatism as he eyes South Korea’s presidencyOpposition leader’s shift to pro-business policies seeks to court moderates and investors amid political polarization Lee Jae-myung is betting that pragmatism will solidify his approval ratings and help him maintain his lead as South Korea’s top presidential contender. In a carefully calibrated speech on Thursday, the main opposition Democratic Party (DP) leader declared a pivot to the center, abandoning ideological rigidity in favor of what he called “practical realism.” He notably laid out a vision of private-sector-led economic growth and international cooperation — an uncharacteristic move for a progressive politician. Lee’s pivot comes at a precarious moment. Public support for a new government is surgingamid President Yoon Suk-yeol’s impeachment trial, while the ruling People © Korea Risk Group. All rights reserved. |





