Park Geun-hye will become next president of South Korea . The ruling party has been in power for more than a decade and is expected to win the election on May 9. South Korea is a strategic Western ally and Asia 's fourth-largest economy .
Park Geun-hye will become next president of South Korea . She pledged to take care of citizens in a time of economic anxiety . South Korea is a strategic Western ally and Asia 's fourth-largest economy .