In the 21st Presidential election in South Korea held on the 3rd, Lee Jae-myung secured nearly 49% of the votes, defeating main rival Kim Moon-soo. Following his victory, Lee faces numerous challenges, including the need to rebuild social trust, address economic difficulties, and adjust foreign policy. Without a transition period, he must take command of the government swiftly, which could lead to confusion in policy direction and administrative risks.

Moreover, with a declining birth rate and rising youth unemployment issues, Lee must implement effective strategies to stabilize public support. In terms of foreign policy, he must find a balance between dialogue with North Korea and the demands of the US-South Korea alliance.

Whether Lee's administration will be successful depends on how he tackles core issues and how he guides South Korea out of its current political predicament. Overall, the South Korean political landscape is facing significant transformation and challenges.