Presidential Candidate SWOT Analysis
Lee Jae-myung "Lee Jae-myung Does It"
Yoon Seok-yeol, Leader of the 'Anti-Moon Jae-in Government'
Judicial Risks and Other Presidential Election Variables

[Asia Economy Reporters Naju-seok and Oh Ju-yeon] The upcoming presidential election next year, featuring a direct confrontation between candidates Lee Jae-myung and Yoon Seok-youl, ultimately depends on how each candidate highlights their strengths, conceals their weaknesses, maximizes opportunities, and overcomes threats. A SWOT analysis reveals that the strengths of both candidates correspond to the other's weaknesses, and opportunities are intertwined with threats, forecasting a fierce battle.


"Lee Jae-myung Emphasizes Breakthrough and Execution" vs "Yoon Seok-youl, the Anti-Moon Jae-in Leader" View original image

◆ Lee Jae-myung’s Strength in Breakthrough Power Overshadowed by Judicial Risks = Lee’s greatest strengths can be summarized as drive, breakthrough ability, and execution power. During his tenure as mayor of Seongnam, he demonstrated strong policy execution in projects such as the ‘valley maintenance project’ and the ‘Gyeonggi Province disaster relief fund distribution.’ The representative catchphrase “Lee Jae-myung gets it done” is based on this reputation. His decision to appear at the National Assembly’s Public Administration and Security Committee hearing as governor of Gyeonggi Province, despite opposition within his party, also exemplifies his direct confrontation style. However, personal controversies and unrefined remarks that have followed him throughout his political career have placed him among the most ‘unfavorable’ candidates. Lee shows a higher unfavorable rating (60.9%) than Yoon Seok-youl of the People Power Party (52.8%), especially failing to gain favor among those in their 20s (68.5%) and 30s (65.2%) (survey by Korea Gallup commissioned by Money Today, conducted August 8-9, among 1,008 adults aged 18+, with a 95% confidence level and ±3.1% margin of error). His presidential campaign ultimately hinges on overcoming these weaknesses.


On the other hand, the fact that the ruling party, which holds the majority in the National Assembly, supports his pledges as the ruling party’s presidential candidate is a significant opportunity. Recently, Lee proposed a one-year postponement of virtual asset taxation to court the young 2030 voter demographic, and despite reversing existing government policies, he is receiving active support from the ruling party. However, the ongoing controversy over the Daejang-dong preferential treatment allegations throughout the election period, which could escalate into a ‘special prosecutor investigation,’ remains the most worrisome issue. Election and political consultant Kim Hyo-tae analyzed, “In 2007, candidate Lee Myung-bak was not particularly popular with the public either. His drive demonstrated in the Cheonggyecheon project and his success story overcoming poverty, combined with expectations that ‘he will revive the economy,’ led to his victory. The real crisis for Lee now is not the already public Daejang-dong and family issues, but the invisible public skepticism wondering ‘Is there more?’”


◆ Yoon Seok-youl’s Strength as a Harbinger of Regime Change and Freshness, but Judicial Risks Persist = Yoon’s greatest political asset is his role as a leading and symbolic figure opposing the Moon Jae-in administration. His freshness, having entered politics recently without ties to the established political circles, is also an advantage. This fulfills voters’ desire for new politics. However, this also directly translates into Yoon’s weaknesses. Being a ‘rookie’ with only four months in politics and a background solely as a prosecutor raises concerns about stable governance. According to the National Barometer Survey (NBS, conducted August 8-10, among 1,009 adults aged 18+, with a 95% confidence level and ±3.1% margin of error), Yoon leads Lee in support and electability but trails by 11 percentage points in economic policy ratings. This reflects low public expectations for Yoon’s policies. Being confined by anti-Moon sentiment also reveals limitations in his appeal. Yoon has been perceived as having an excessively ‘conservative’ image due to gaffes such as advocating ‘120-hour workweeks’ and defending former President Jeon Du-hwan.



However, the public sentiment defining this election is an opportunity for him. Polling expert Kim Bong-shin, CEO of Metavoice, said, “There is a strong public desire for regime change,” adding, “This works to Yoon’s advantage.” Conversely, judicial risks pose threats not only to Lee but also to Yoon. Investigations involving him and his family are proceeding simultaneously, and depending on the issues revealed during the investigations, his approval ratings could fluctuate significantly.


This content was produced with the assistance of AI translation services.

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