Yoo Seong-min facts for kids
Quick facts for kids
Yoo Seong-min
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유승민
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![]() Yoo in 2017
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Member of the National Assembly | |
In office 27 October 2005 – 29 May 2020 |
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Preceded by | Park Chang-dal |
Succeeded by | Kang Dae Sik |
Constituency | Dong B (Daegu) |
In office 30 May 2004 – 12 October 2005 |
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Constituency | Proportional representation |
Leader of the Bareunmirae Party | |
In office 13 February 2018 – 14 June 2018 Serving with Park Joo-sun
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Preceded by | Position established |
Succeeded by | Kim Dong-cheol (interim) |
Leader of the Bareun Party | |
In office 13 November 2017 – 13 February 2018 |
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Preceded by | Joo Ho-young (Acting) |
Succeeded by | Position abolished |
Personal details | |
Born | Daegu, South Korea |
7 January 1958
Citizenship | South Korean |
Political party | People Power (since 2020) |
Other political affiliations |
Saenuri (2000–2016; 2016) Independent (2016; 2016–2017) Bareun (2017-2018) Bareunmirae (2018–2020) New Conservative (2020) |
Residences | Yong-Gye Dong, Dong-gu, Daegu, Korea Bundang-gu, Seongnam, Gyeonggi Province, Korea Gaepo-Dong, Gangnam-gu, Seoul, Korea |
Alma mater | Seoul National University (BA) University of Wisconsin–Madison (PhD) |
Occupation | Politician, economist |
Signature | ![]() |
Military service | |
Allegiance | ![]() |
Branch/service | ![]() |
Years of service | 1979–1981 |
Rank | ![]() |
Korean name | |
Hangul |
유승민
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Hanja |
劉承旼
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Revised Romanization | Yu Seungmin |
McCune–Reischauer | Yu Sŭngmin |
IPA | ju.sɯŋ.min |
Yoo Seong-min (Hangul: 유승민; born 7 January 1958) is a well-known South Korean economist and politician. He used to be a member of the Korean Parliament. In 2017, he was the presidential candidate for the Bareun Party. His father, Yoo Soo-ho, was also a politician and a judge.
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Early Life and Education
Yoo Seong-min was born in Daegu, South Korea, and was the youngest child in his family. His father started as a farmer before becoming a judge and later served in politics for eight years.
Yoo studied economics at Seoul National University, earning his bachelor's degree in 1982. He then moved to the United States to continue his studies. In 1987, he received his PhD in Economics from the University of Wisconsin–Madison. His studies focused on how businesses enter new markets.
After finishing his education, Yoo worked as an economist at the Korea Development Institute (KDI) from 1987 to 2000. He then became the president of the Youido Institute, which is a research center for the Hannara Party (now called the Liberty Korea Party).
Political Career
Joining the National Assembly
Yoo Seong-min first became a member of the National Assembly in 2004. He was part of the conservative Hannara Party.
In 2005, he worked as the Chief of Staff for Park Geun-hye, who later became the President of South Korea. He was seen as a close helper to her. Yoo was elected to the National Assembly three more times, representing areas in Daegu.
He also served as the floor leader for the Saenuri Party (which was the new name for the Hannara Party) in the National Assembly. He stepped down from this role in July 2015.
Changes in Political Views
Yoo and Park Geun-hye started to have different ideas after Park lost the presidential nomination in 2007.
Their differences grew, and Yoo openly disagreed with some of President Park's plans. For example, he did not support her idea of increasing welfare without raising taxes. Because of these disagreements, he was not chosen by his party to run in the 2016 general election. President Park even said that Yoo was being "disloyal."
However, Yoo decided to run as an independent candidate in the 2016 election and won with a large number of votes. After the election, he announced that he would return to the Saenuri Party, which he did.
Yoo was known for first supporting Park Geun-hye closely and then later moving away from her supporters within the party. This led him to help create a new conservative party called the Bareun Party.
Bareun Party
Yoo helped to form a new political group called the New Conservative Party for Reform, which later became known as the Bareun Party. This happened during a major political event in South Korea in 2016.
The Bareun Party had enough members leave their old parties to become the fourth largest party in the National Assembly. Yoo then became "Candidate #4" in the 2017 presidential election.
2017 Presidential Campaign
Becoming the Party's Candidate
Yoo ran for president in the 2017 South Korean presidential election. He competed against another politician, Nam Kyung-pil, to become his party's official candidate. On March 28, 2017, Yoo won the nomination and became the Bareun Party's presidential candidate.
Campaign Ideas
His campaign focused on two main ideas: being strong on foreign policy (meaning keeping the country safe) and making changes to the South Korean economy. Yoo talked about "warm conservatism," which means making economic changes to help people while still holding onto traditional conservative values. This was different from the ideas of the pro-Park Geun-hye group, from which the Bareun Party had separated.
Party Members Leaving
About a week before the presidential election, 13 members of the Bareun Party announced they would go back to the Liberty Korea Party. They believed it was better to support one conservative candidate. However, one lawmaker, Hwang Young-cheul, changed his mind the next day. This event actually helped Yoo's popularity in the polls.
Election Results
Yoo finished fourth in the election. He received the most support in his home area of Daegu.
Personal Life
Yoo Seong-min has an older brother and an older sister. He is married and has two adult children: a son born in 1982 and a daughter born in 1994.
Political Philosophy
Yoo is seen as a leading politician who supports moderate conservative ideas.
He once gave a lecture where he talked about the need for a "conservative revolution." He believes this revolution should aim for a kind, fair conservatism based on the idea of a republic.
Yoo describes a republic as a system where citizens are free and act with good values. They are not controlled by other citizens, but by laws that protect what is good for everyone. He also emphasizes that the most important value in a republic is justice.