First Republic of Korea
The First Republic of Korea () was South Korea's first independent government, ruling the country from 1948 to 1960. It succeeded USAMGIK, the United States military government, which ruled the area from 1945 to 1948. The Philippines recognized South Korea on 15 August 1948. The First Republic was established on August 15, 1948, with Syngman Rhee as the first president. Like subsequent governments, it claimed sovereignty over the entire Korean Peninsula, although it only had power over the area south of the 38th parallel. The investiture of the Rhee government followed the general election of May 10, 1948. The country's first constitution had been promulgated by the first National Assembly on July 17. It established a system with a strong president, who was elected indirectly by the National Assembly. The April Revolution in 1960 led to the resignation of Syngman Rhee and the transition to the Second Republic of South Korea.
History of South Korea
Roh Tae-woo became president for the 13th presidential term in the first direct presidential election in 16 years. Although Roh was from a military background and one of the leaders of Chun's coup d'état, the inability of the opposition leaders Kim Dae Jung and Kim Young Sam to agree on a unified candidacy, led to his being elected. The first female presidential candidate, Hong Sook-ja, even withdrew from the race in order to back Kim Young Sam against Roh.Roh was officially inaugurated in February 1988. The government set out to eliminate past vestiges of authoritarian rule, by revising laws and decrees to fit democratic provisions. Freedom of the press was expanded, university autonomy recognised, and restrictions on overseas travels were lifted. However, the growth of the economy had slowed down compared to the 1980s, with strong labor unions and higher wages reducing the competitiveness of Korean products on the international market, resulting in stagnant exports, while commodity prices kept on rising.