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Strategies of government reform for economic development

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Frame of Image : Development Economics, Government Reform Experience in international consulting in Government Reform: Myanmar (2015), Bulgaria (2015), Indonesia (08~11), Turkey (2007) Development Strategy: Guatemala (2010), Namibia (2009)
•KDI School
•Becoming the Core-Knowledge Hu
I.
II.
Directions of Government Reform
Strategies of Government Reform
What determines economic growth?
9
It is the government that determines fundamentals
Source of growth
Determinants Fundamentals
Labor
 Working Hour  Population  Labor participation
Market Efficiency
Property right
Economic Growth Capital No corruption
HRD investment Fixed capital investment
Openness Economic policy
Productivity
Innovation and technology Technology diffusion Economies of scale Resource allocation
Political stability others
Role of Government in Korea (1) Selection of Industries
Chemical (oil) >> Steel >> automobile, ship-building << electronics
Global standing (market share): Ship-building(2), LCD(1), cellular phone (1), automobile (5), steel (5), ethylene (5)
The 5 industries takes up 70% of Korea’s export Top 10 Korean companies 2011 are all from those 5 industries Electronics: Samsung electronics (1), LG Display (9), Hynix (10) Automobile: Hyundai Motors (2), Kia Motors (6), Mobis (7) Ship-building: Hyundai Heavy Industries (4) Steel: POSCO (3) Chemicals: SK Innovation (5), LG Chemicals (8)
Which industries will feed your kid 30 years later?
•KDI School
5
•Becoming the Core-Knowledge Hu
Why Gov selects focus indust


Full Text
Title Strategies of government reform for economic development
Similar Titles
Material Type Proceedings
Author(English)

Park, Jin

Publisher

[Sejong]:KDI School of Public Policy and Management

Date 2015-06
Pages 26
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Administration
Government and Law < Governance
Holding KDI School