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Contemporary
1993년정치

Civilian Government Reforms

After some thirty years, a civilian government led by a non-military president took office, abruptly introducing the real-name financial system and rooting out private cliques within the military.

Key developments

  1. 문민정부 출범Civilian government

    A civilian government led by a non-military president was inaugurated.

  2. 금융실명제Real-name finance

    A real-name financial system requiring transactions under one's real name was implemented.

  3. 하나회 척결Military clique purge

    Private cliques within the military were rooted out and history-rectification reforms advanced.