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Economic planning in Korea : Planning process, implementation and monitoring

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Frame of Image entives 1. Institutions Facilitating Plan Implementation 2.Tax Incentive Policies for Desired Resource Allocation 3. The Financial Sector as a Tool of Supporting Development Plans
111. Performance Monitoring and Evaluation
1. System of Performance Monitoring and Analysis until 1981
2. Transfer of Monitoring Function to EPB, and back to PM's Office
3. Project Monitoring and Analysis 4. Overall Monitoring and Evaluation of Plans
I. THE PROCESS OF PLAN FORMULATION 1. Organization for Development Planning Korea has been run by a highly centralized form of government. The Economic Planning Board (EPB), which was responsible for development planning in Korea, was actually a super ministry with its minister concurrently serving as a deputy prime minister.
Since the establishment of the EPB in 1961, there had been some significant expansions and adjustments of its functions. Before it was combined with the Ministry of Finance in 1994, the EPB was responsible for price policy, fair trade administration, investment project appraisal, and performance monitoring and evaluation, in addition to the initial functions of development planning, budgeting and statistical works. Since the minister of the EPB was a deputy prime minister and had the important instruments of budgetary control over the ministries, the planning ministry was considered to have appropriate institutional power to carry out its function of economic planning and policy coordination.'
Although the EPB is a central planning
Contents

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Title Economic planning in Korea
Similar Titles
Sub Title

Planning process, implementation and monitoring

Material Type Proceedings
Author(English)

Nam, Sang-Woo

Publisher

Seoul:KDI School of Public Policy and Management

Date 2006-11
Event

Laos NOSPA Capacity Building Workshop 4

Pages 37
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < General
Holding KDI School of Public Policy and Management
Organizer KDI School of Public Policy and Management
Venue KDI School of Public Policy and Management
Project Term 2006-11-20 ~ 2006-11-24

User Note

Presented at Laos NOSPA Capacity Building Workshop 4 (November 20-24, 2006)