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Analysis Lee Jae-myung begins presidency with unmatched power but high expectationsWith control of the legislature and early public support, Lee faces steep political risks if reforms falter early Lee Jae-myung begins his presidency with a 58.6% approval rating and majority control of the National Assembly, which offer significant opportunities for him to govern with minimal resistance. But the popular support he currently enjoys appears to stem in large part to the unpopularity of his impeached predecessor and is likely to fade sooner rather than later. This situation sharpens the risks of underperformance and puts pressure on Lee to act fast to make the most of his political momentum, which could dissipate quickly with any missteps during what amounts to a probationary period. POLITICAL CAPITAL BASE Lee enters office © Korea Risk Group. All rights reserved. |





