Democratic Party (South Korea, 1991)

The party was formed by the merger of New Democratic Unionist Party (NDUP) of Kim Dae-jung, and Democratic Party of Lee Ki-taek (aka Little Democrats), as a part of the opposition union. During that time, NDUP, the main opposition, faced a difficulties after they lost in 1991 local elections. Little Democratic Party, a splinter group formed by the dissidents of Kim Young-sam's United Democratic Party, was struggling with its few seats.

On 16 September 1991, both parties declared to be combined and re-founded as Democratic Party.[1] Both Kim Dae-jung (DJ; Chairman of NDUP) and Lee Ki-taek (KT; Chairman of Little Democrats), was elected as the Co-Presidents of the new party.[1]

Prior to the presidential election in 1992, DJ defeated Lee and elected as the party's presidential candidate. He was widely criticised for calling rural voters as "pro-Democratic Liberal Party (DLP; the then ruling party)" and/or "pro-Roh Tae-woo",[2] and lost to DLP's Kim Young-sam. DJ subsequently resigned his party presidency and retired from the politics.[3] KT then solely elected as the new president on 11 March 1993.[4]

The party then absorbed New Korea Party of Lee Jong-chan in the early 1995,[5] and won the local elections in 1995.[6] However, shortly after, DJ officially returned to politics, and conflicts were sparked.[7] The party's pro-DJ factions, not excluding DJ himself, left and founded a new party, named National Congress for New Politics (NCNP).[8] On 21 December, the party merged with New Party for Reform, and re-built as United Democratic Party, who then became one of the predecessor of the incumbent Liberty Korea Party.