Title: The effect of election on economy
1The effect of election on economy
- 200321823 ? ? ?
- 200321762 ? ? ?
2Introduction
- Many economical changes before and after
the election - Is the election simply political action?
- No! The effect on economy, society,
- culture
- The election of pan-national
dimension
3Main subject
Economical condition analysis before and after
the successive generations elections
1) Strong Point
- Activated the securities market with decision
of new president - Stock rising cover the whole
presidents term of office with natural rise in
reaction at the last period of previous
government is reflected expectation of new
government -
4Economical condition analysis before and after
the successive generations elections
2) Weak Point
- Repeat of stagnation figures in the latter half
of the term of office -
- Caused by weakening of policy effect, a
lame duck and and uncertainty about economics
policy changing possibility of next government,
it can be defined that spread away of investment
reservation mentality like wait and see
5Stock prices change standard president term of
office(5years)
13ger. president 14ger. president 15ger. president 16ger. president
Stock prices increase (standard election day) After 1years and 10 months 95 (89.10. 17) 71 (94.10. 19) 106 (99.10. 19) 91 (04.10. 19)
Stock prices increase (standard election day) After 2years and 10 months 38 (90.10. 17) 56 (95.10. 19) 31 (00.10. 19) 42 (05.10. 19)
Stock prices increase (standard election day) After 4years and 10 months 11 (92.10. 17) -9 (97.10. 18) 71 (02.10. 18) 24 (07.10. 19)
Stock prices increase (standard election day)
Stock prices increase (standard election day)
6Reason why economical condition is influenced by
election
A bullish tendency before the election
A bearish trend after the election
The period of election Extension
policy little amount of opposition relatively
Tight-money policy much amount of
opposition
7Problem about relationship between election and
economical conditions
Economy is just an instrument for assorting
election Main economical problems which
press economy including a sign of domestic
and abroad crisis cant be a point at issue.
8Problem about relationship between election and
economical conditions precedent
1) No Tae Woo Go.
In 1987, construction 2millions of residence
which was a public pledge of president No.was
operated unreasonably conditions of
construction were revived an early stage but in
the latter half individual wages were rapidly
risen, and the common people begun distorting
because of price advance
92) Kim Dae Joong Go.
- The situation was focused on the economic
policy for overcoming crisis of foreign exchange
in 1997 - The layer of the common people's
dissatisfaction more and more become increase,
and various problems including an employment
serious disturbance, etc was happened in field of
economy and the other fields - The government strongly promoted structure
coordination in every field for preparing
competitive power of the world market - Various problems appeared in process of
structure coordination such as mass unemployment,
etc -
-
10Conclusion Method of problem solution
- Statesmen must exactly know what is really
needed policy for economical condition and have
belief that pursuing it rather than showing
unreliable pledges that only for gathering the
vote - The president doesn't need to have a special
knowledge of economy, but he or she must have an
ability of looking whole forest named economy
11Conclusion Method of problem solution
- When we solve economical problems, we have to
solve not a short-sighted but a long protracted
inside dimensions -
- We have to solve the conglutination of
politics and economics is fundamental problem of
our nation