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Lee Myung-Bak was elected the 17th president of Korea in December 2007 with 48.7% of the vote considered to be a landslide as voters responded to his success as a construction CEO and Seoul mayor. In order to prevent the worldwide [financial crisis] from causing the domestic economy to slump and a vicious economic cycle to occur, the Lee [administration] did its best under an emergency management system. Korea could be one of the fastest countries to get out from the crisis among G-20 countries and will host the summit of G-20, major [industrialized] and developing countries in November, 2010
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