In February, Park Geun-hye was inaugurated as president of South Korea, becoming the country's first female head of government and gaining another five years of control for the conservative Saenuri (New Frontier) Party. As president, Park must manage the consequences of a slowing economy, a well-educated and engaged citizenry with high expectations and troublesome relations with North Korea. The issues that dominated the election, and remain at the center of public conversation, are corporate regulation and social welfare, which have come together under the banner of "economic Democratization."