Reform Party (South Korea)

The Reform Party (개혁신당, Gaehyeok Sindang) is a political party in South Korea. It was officially launched in February 2024, primarily spearheaded by Lee Jun-seok, a former leader of the People Power Party (PPP). The party positions itself as a centrist and reformist force, aiming to address perceived shortcomings in the established political landscape dominated by the PPP and the Democratic Party of Korea.

Key figures in the party, beyond Lee Jun-seok, include former PPP members who aligned with Lee's reformist agenda. The party's platform generally focuses on issues such as generational equity, economic reforms to address wealth inequality, and political reforms aimed at reducing corruption and increasing transparency.

The Reform Party contested the 2024 South Korean legislative election. While they did not achieve a significant number of seats, the party's performance was closely watched for its potential to disrupt the traditional two-party system and influence the political discourse. Their ability to gain traction with younger voters and those disillusioned with the established parties is considered a key factor in their future viability.

The party's long-term success depends on its ability to maintain internal unity, develop a clear and compelling policy platform, and effectively communicate its message to the electorate. Their impact on South Korean politics remains to be seen.