At stake in this election:
- The office of President of South Korea
Description of government structure:
- Chief of State: President LEE Myung-bak
- Head of Government: Prime Minister KIM Hwang-sik
- Assembly: South Korea has a unicameral National Assembly (Kukhoe) with 300 seats.
Description of electoral system:
- The President is elected by plurality vote to serve a 5-year term.
- In the National Assembly (Kukhoe), 246 members are elected in single-member constituencies to serve 4-year terms and 54 members are elected by proportional representation to serve 4-year terms.
Main Candidates in the Presidential race:
- PARK Geun-hye
Party: New Frontier Party / Saenuri-dang 새누리당
- MOON Jae-in
Party: Democratic United Party / Minju Tonghab dang 민주통합당
Population and number of registered voters:
- Population: 50,912,264 (October 2012 )
- Registered Voters: 40,507,842 (December 2012 )