The Phenomenon of Diverse Public Interest in Politics and Economy

Politics: Early Presidential Election and the Confusion of the Conservative Camp

The 21st presidential election, scheduled for June 3, 2025, will be held early due to the impeachment and removal of former President Yoon Suk-yeol following the declaration of martial law. The Democratic Party has selected former representative Lee Jae-myung as its candidate, who is highlighting economic growth and increased technological investment as key pledges. In contrast, the conservative camp, the People Power Party, has confirmed former Gyeonggi Province Governor Kim Moon-soo as its candidate, but is experiencing turmoil due to attempts to change candidates and internal conflicts.

Economy: Decline in Exports and Slowing Growth

South Korea's economic growth rate for the first quarter was -0.246%, marking the lowest among the major 19 countries. Early May exports decreased by 23.8% compared to the previous year, which is attributed to the United States' protectionist policies and domestic political instability. The Bank of Korea is reflecting this situation by downwardly adjusting its economic growth rate forecast and is considering lowering interest rates. This poses significant challenges for both investors and policymakers.

Society: Measles Spread and Poverty Among Seniors

In 2025, the number of measles cases in the country reached 52, the highest level in six years. This is attributed to outbreaks in Southeast Asia and an increase in overseas travel, prompting health authorities to recommend strengthening vaccinations. Additionally, the poverty rate among the elderly stands at 39.8%, the highest level among OECD countries, highlighting the need to strengthen the social safety net.

Culture: The Global Spread of K-Culture

S.Coups of the K-pop group Seventeen wore a modernized hanbok at the 2025 Met Gala, promoting traditional Korean culture to the world. Former members of Fifty Fifty have re-debuted as a new group called 'Ablume,' resuming their musical activities. The global dissemination of such cultural content is contributing to strengthening Korea's soft power.

Technology: Growth and Regulation of the AI Industry

Samsung Electronics promoted its technological prowess by advertising AI-equipped TVs at Piccadilly Circus in London. South Korea is in the process of constructing the world's largest AI data center and has enacted the 'AI Basic Law' as a legal foundation for the growth of the AI industry. This suggests the necessity for a balanced approach to privacy protection and ethical issues alongside technological advancement.

Sports: Performance in International Competitions

Korea has enhanced its status on the international stage by winning gold medals in all recurve events at the 2025 Hyundai Archery World Cup held in Shanghai. The 9th Korea Open Jump Rope Championship took place in Incheon, attracting participation from various age groups. These sports achievements instill pride in the citizens and contribute to creating a healthy social atmosphere.

Conclusion

As of May 2025, Korean society stands at the center of various changes, including political instability, economic challenges, social issues, the global spread of cultural content, and technological advancements. These complex trends reflect the deep concerns of the people regarding their daily lives and future, and they are expected to have a significant impact on future policy decisions and the formation of social consensus.