Democratic Party (South Korea, 2005)
|Founded||5 September 1995|
|Dissolved||17 February 2008|
|Merger of||Democratic Party (1990)
Democratic Party (1991)
|Merged into||United Democratic Party|
|Headquarters||25-4, Yeouido-dong, Yeongdeungpo-gu, Seoul|
|Colours||Green, yellow (informally)|
|Millennium Democratic Party|
|Revised Romanization||Saecheonnyeon Minjudang|
|National Congress for New Politics|
|Revised Romanization||Saejeongchi Gungminhoeui|
The Democratic Party was a political party of South Korea, formerly called the Millennium Democratic Party (MDP; 새천년민주당; Saecheonnyeon Minjudang), it changed its name to the present form on May 6, 2005.
The party was formed in 1995 as the National Congress for New Politics (새정치국민회의; Saejeongchi Gungminhoeu) after Kim Dae-jung returned to active politics following his retirement in 1992. The majority of the party's early supporters were former members of the Democratic Party, formed in 1991.
In the 1996 Parliamentary election the party managed to come a strong second, winning 79 seats. Later Kim's Democratic Party merged to the party. In the 1997 Presidential election Dae Jung won the Presidency with 40% of the vote.
In 2000, the party officially changed its name to the MDP, after it merged with the smaller New People Party led by Rhee In-je and a number of conservative minded politicians joined it. In the 2000 Parliamentary election the party came second winning 115 seats.
The MDP lost popularity when Roh was impeached in March 2004 by the National Assembly for illegal electioneering and incompetence charges with support from the Grand National Party, losing 53 seats to a total of only 9 seats in the 2004 parliamentary election. Roh Moo-hyun was later re-instated by the Constitutional Court, and served as president until the end of his term.
In-je was elected the party's Presidential candidate by the delegates on October 14, 2007 but received poor results in the election on December 19: He obtained only 0.7% of the vote
Presidential election primary 
This is a list of official pre-registered candidates that declared their 2007 presidential bid.
|Cho Sun-hyeong(조순형)||Member for Seongbuk-gu-eul||led the impeachment of Roh Moo-hyun in 2004|
|Kim Min-seok(김민석)||Former Assembly member||Former Seoul mayoral candidate in 2002 local body election(when Lee Myung Bak was elected that position)|
|Lee In-je(이인제)||Member for Nonsan, Geumsan and Gyeryung||Presidential candidate of election 1997|
|Shin Guk-hwan(신국환)||Member for Munkyeong and Yecheon||Former Minister of Commerce, Industry and Energy of Roh's Administration|
|Jang Sang(장 상)||Former leader of Democratic party||Former president of Ewha Womans University|
- Kim Yeong-hwan(김영환), former Assembly member and also former Minister of Science and Technology of the Kim Dae-jung Administration has been declared not to run its presidential primary on August 31, 2007
See also 
- List of political parties in South Korea
- Politics of South Korea
- Elections in South Korea
- Liberalism in South Korea
- Contributions to liberal theory
- Liberalism worldwide
- List of liberal parties
- Liberal democracy
- Kim Yeong-hwan announced not to run, Yonhap, Retrieved on August 31, 2007
- Democratic Party official site