▁party ▁formed ▁in ▁ 2 0 1 9 . ▁ ▁History ▁ ▁The ▁party ▁was ▁formed ▁by ▁Hu h ▁Ky ung - you ng , ▁a ▁former ▁president ial ▁candidate ▁in ▁ 1 9 9 7 ▁and ▁ 2 0 0 7 . ▁Hu h ▁was ▁formerly ▁b anned ▁from ▁politics ▁for ▁ 1 0 ▁years ▁in ▁ 2 0 0 8 ▁for ▁s land er ▁that ▁he ▁would ▁marry ▁Park ▁Ge un - h ye , ▁a ▁former ▁pre - pres ident ial ▁candidate ▁that ▁lost ▁to ▁Lee ▁My ung - b ak ▁at ▁the ▁Grand ▁National ▁Party ▁pr ese lection . ▁Short ly ▁after ▁his ▁political ▁ban ▁was ▁lifted ▁on ▁ 2 4 ▁December ▁ 2 0 1 8 , ▁he ▁declared ▁to ▁run ▁for ▁the ▁up coming ▁president ial ▁election . ▁ ▁On ▁ 8 ▁January ▁ 2 0 1 9 , ▁Hu h ▁announced ▁he ▁would ▁form ▁a ▁new ▁political ▁party ▁named ▁the ▁National ▁Revolution ary ▁Party ▁( ). ▁The ▁party ▁was ▁officially ▁formed ▁on ▁ 1 5 ▁August ▁and ▁elected ▁Hu h ▁as ▁the ▁party ▁President , ▁as ▁well ▁as ▁its ▁president ial ▁candidate ▁for ▁the ▁next ▁election . ▁It ▁changed ▁to ▁the ▁current ▁name ▁on ▁ 2 1 ▁October . ▁ ▁Ide ology ▁ ▁In ▁terms ▁of ▁economy , ▁the ▁political ▁st ance ▁is ▁com pressed ▁into ▁an ▁attempt ▁to ▁achieve ▁a ▁w elf are ▁state ▁while ▁maintain ing ▁emphas is ▁on ▁a ▁market ▁economy , ▁and ▁cit ing ▁a ▁social ▁conserv ative ▁attitude ▁that ▁values ▁cultural