This presentation will discuss how Korea was able to achieve rapid sustained growth with highly equal income distributions during the economic take-off period, focusing on 1) land reform and high literacy rate (initial pre-conditions), 2) outward-looking development strategy, 3) tax administration reform and anti-corruption, 4) heavy and chemical industrial (HCI) policy and 5) addressing rural-urban disparity.

This presentation will focus on discussing Korea’s systematic formulation of economic development plan and its effective implementation, which is considered to be one of the main propelling forces which enabled the Korean economy to take off and to transform itself into a self-reliant one in the modern era.

This presentation will discuss about the Korean experience of compressed industrialization from agriculture-based to heavy and chemical-based. It highlights that the government support for industrial development was strictly linked to the “performance” (e.g. export volume) of private entrepreneurs through relentless monitoring and evaluation.

· This presentation will discuss how Korea had been successfully accumulated human capital, contributing enormously to economic development and democratization.
· While sharing his experience as a policymaker and lawmaker as well as a scholar in addressing major challenges in Korea’s education, Professor Lee will also stress the need for global actions in order to achieve the inclusive, equitable and quality education for all.

This presentation will explore how Korea has been successful in rapid catching- up of science and technology with global leading countries, focusing on 1) evolutionary processes of Korean science and technology, 2) key features of Korea’s science and technology development, 3) major technological innovation, 4) key science and technology policy instruments, and 4) some policy recommendations

· Saemaul Undong (SMU), known as New Village Movement, is a self-help community movement to modernize underdeveloped rural area. It is regarded as a driving force behind Korea’s national development
· The presentation will explain various important aspects of SMU such as background, development process, major tasks, implementation entities, achievements and success factors together with policy implication for developing countries.

Founded in 1974, Youngone Corporation is a pioneer and leading global manufacturer of outdoor/athletic outfits. He will talk about his personal experiences of doing business in Korea and abroad with special focus on taking risks and seizing opportunities. He will also share his own perspective on the future of textile industry.

Founded in 1974, Youngone Corporation is a pioneer and leading global manufacturer of outdoor/athletic outfits. He will talk about his personal experiences of doing business in Korea and abroad with special focus on taking risks and seizing opportunities. He will also share his own perspective on the future of textile industry.

This presentation will discuss how Korea was able to overcome unprecedented foreign exchange crisis of 1997 in a midst of Asian financial crisis. Details of thorough reforms in corporate & financial sector restructuring will be introduced. Lessons for other developing countries will be drawn.

Korea could combine a remarkable economic growth with a relatively equal income distribution. The government focused more on providing basic services such as education, training, public health, or water supply and less on cash handouts. In service provision, the government relied heavily on private-sector providers. These characteristics distinguish Korea from other countries in its approach to social policy.

This presentation will discuss about the Korea’s challenges of a decreasing trend of productivity growth combined with worsening income distribution amid aging population. To ensure sustainable and inclusive growth, we propose a simultaneous big push for greater economic freedom – through structural reforms to reduce labor market rigidities and regulations – and stronger social protections.