South Korea's National Assembly will hold a ceremony today to mark the country's seventy-first Constitution Day.<br />Assembly Speaker Moon Hee-sang will deliver a speech on the day's significance and the need to revise South Korea's decades-old Constitution.<br />On July 17th, 1948 the country's Constitution was enacted laying the groundwork for South Korea's open democracy.<br />The Constitution was last revised in 1987 after decades of authoritarian rule.<br />That's when the country adopted the current direct presidential system,... together with a single, five-year presidential term.<br />But this system has come under fire as it puts so much power in the hands of the president.<br />There were discussions to amend the Constitution last year,... but those plans collapsed as political parties couldn't reach a compromise.<br />