+

Keys to Unlocking Korea’s Development

In a brief video, Dr. Joon-Kyung Kim, President of the Korea Development Institute, explains how Korea’s new culture of doing things has led to broad-based and sustainable development. The Korea Development Institute is Korea’s leading think tank in economic and social sciences. Kim describes how the country has instituted successful reforms in several sectors:

 

  • Education – Vocational training to progress from an agrarian economy
  • Infrastructure – Expansion of power supply to rural communities
  • Financing – Tax administration reform to increase revenues
  • Financial inclusion – Village credit cooperatives to grow savings
  • Reforestation – Full commitment to the tree planning process
  • Anti-corruption – Tracking procurement to properly allocate resources

 

Korea achieved results in these areas through good governance, widespread education and comprehensive monitoring and evaluation. Watch this video to find out more about the why and how of Korea’s transformation and what lessons can be applied to other development experiences.

About the Presenters

Dr. Joon-Kyung Kim

Embed from Getty Images
 
Dr. Joon-Kyung Kim, president of the Korea Development Institute, discusses South Korea's successful policy reforms.

Join the Discussion

Md. Babar

- Apr 18, 2020
interesting

Anvar

- Mar 26, 2020
Interesting!

Joy Mildred Adhiambo

- Nov 29, 2019
Successful Policy Reforms

Lincoln Priyadarshi

- Jun 15, 2019
great

Monir

- Apr 19, 2019
From the best practices the world follow and learned from , Great

Arifin

- Apr 8, 2019
Luar biasa

Jafar

- Mar 22, 2019
sangat Hebat

Emmanuel

- Sep 11, 2018
So much to learn, and try out, for developing countries.

Ki

- Jul 11, 2018
Great! Thanks!

Abdurazak

- Jun 14, 2018
interesting, thanks
Log in to comment  Don't have an account? Register Now