"박근혜 정부" refers to the administration of Park Geun-hye, the first female president of South Korea, who served from 2013 until her impeachment in 2017. Her government focused on economic policies known as "creative economy," aiming to foster innovation and support small businesses. During her presidency, significant events included the Sewol ferry disaster in 2014, which raised concerns about safety and government accountability. The administration faced widespread protests and criticism, ultimately leading to her impeachment over corruption charges, making her the first South Korean president to be removed from office.