Korea Development Institute

Research Projects

01 Principle Research Projects

Principle Research Projects

No	Title	Project Manager
1	Analysis and Forecast of Macroeconomic Trends (yearly task) - The institute conducts frequent checkups of macroeconomic trends, evaluates policy keynotes based on these, and seeks to provide macroeconomic policy directions to bring about stable growth and economic balance. - The institute provides policymakers and other economic players with basic data for establishing macroeconomic policies and economic activity plans by helping to enhance their economic forecasting capacity, and contributes to finding policy alternatives by detecting the economy's structural changes or weaknesses in their early stages.	Hyeon-Wook Kim
2	Growth Implications of Household Portfolio Composition in an incomplete market: A Cross- country comparison - Compared to other countries, Korean household???s asset portfolio composition is heavily dependent on real estate (80%) and savings???most of their financial resources are savings or deposit for house rentals. There is a need to probe the meaning and implications of this trend in the course of a long-term growth of national economy. - A theoretical and empirical evaluation on various interpretations of the implication of the real estate-focused portfolio composition of households on a long-term economic growth.	Seok-Kyun Hur
3	A Study on the Factors Affecting the Growth of Venture Firms - Based on corporate-level micro data available relating to venture firms, this study analyzes changes in venture firms and empirically analyzes factors affecting the growth of venture firms.	Ki-Wan Kim Suil Lee
4	Is New Green?: Testing the Existence of Eco-prenurship in the Korean Manufacturing Sector - This study reviews changes and their factors in the energy consumption structure of the manufacturing industry, analyzes the roles of start-ups and nonviable companies, and therefore draws implications regarding supportive policies for entrepreneurship and SMEs and the green growth strategy.	Hyungna Oh
5	A Study on Market Structure and Mergers in Banking Industry - This study measures the market dominance of providers in the banking industry and conducts a quantitative analysis of the welfare effect between banks.	Yangsoo Jin Kyoung-Soo Yoon
6	International interest rate shocks and monetary policy under a small open economy - With an empirical analysis of impacts of a shock from international interest rate on Korea???s economic fluctuation, this study theoretically analyses what would be the most desirable monetary policy as a method for economic stabilization.	Hangyu Lee
7	How Does Short-term External Debt Affect Korean Economy? - With an aim to detect risk factors caused by the foreign capital flow and effectively manage these problems, this study examines the impacts of short-term borrowing on domestic financial market and individual economic agents and then it provides policy implications.	Daehee Jeong
8	A Study on the Affirmative Action in College Admissions based on Region and Socio-economic Status - This study includes case studies of the affirmative action in college admissions whose introduction started from advanced countries, verifies the feasibility of a selection system for local talent and balanced opportunities through an economic theory model, and then it suggests the introduction of an effective and feasible system and its future direction.	Yung Chul Kim
9	Recent Development on Small-sized Businesses in the Industrial Sector with Low Productivity - This study provides basic information on future policy demand by comprehensively analyzing overall conditions, employment, productivity, and regional characteristics on Korea???s small-sized businesses in the industrial sector with low productivity.	Jay-Hyung Lee
10	Policy Issues and Direction for Social Service Provision - This study defines the concept of social service, using case studies of foreign countries, and then clarifies the concept of the marketization and industrialization of social service which has been a controversial issue in their adoption process.	Keesung Roh
11	A Study on the Measurement of Unemployment - This study analyzes the gap between unemployment rate and employment reality by focusing on the measurement of unemployment in Korea.	Soo Kyeong Hwang
12	A Study on the NBLS: Efficiency and Effectiveness - This study examines current status of public assistance and its institutional problems with its focus on the National Basic Livelihood Security, and based on the result, it provides specific policy measures that could improve the efficiency and effectiveness of the system.	Hanwook Yoo
13	A Study on the Equity and Efficiency of the Investment in English Learning - This study empirically analyses the current condition of gap in English education, examines the efficiency of English education, and conducts an overall evaluation on English education policy with a focus on both equity and efficiency.	Hisam Kim
14	A Study on the Academic Performance of Children from Multicultural Families - Through a poll on children from multi-cultural families, this study collects systematic data to identify current status of their scholastic achievement. It particularly focuses on the analysis of the impact of unique factors in multi-cultural families, such as foreign parent???s adaptation to the Korean society, on children???s human capital formation. From this analysis, this study intends to seek policy measures for narrowing the education gap and enhancing the social integration.	Yeon Soo Kim
15	Trade and Exchange Rate Pass-Through between Korea and China, and Korea's Industrial Restructuring - This study analyzes changes in Korea???s industrial structure caused by the increase in Korea-China trade. Based on the ERPT (Exchange Rate Pass Through) between Korea and China, Korea and US, and China and US, this study analyzes the ERPT and draws policy implication.	MoonJoong Tcha
16	Micro-economic Assistance Policies for North Korea's Economic Development and Poverty Reduction - This study mainly reviews a system or policy that could be easily selected by North Korea for economic improvement without implementing active openness or reform. It also analyzes and reviews specific micro economic policies that could be applicable to North Korea???s economic and social conditions.	Il Dong Koh
17	Population Structure and Trend in North Korea: Analysis of the 2008 DPRK Population Census Using North Korea???s 2008 census as basic data, this study gathers every data on population statistics officially/unofficially released by North Korea and then systematically reorganizes North Korea???s population structure and trend between 1945 and 2008.	Suk Lee
18	The Impact of UN Economic Sanctions on North Korea - This study analyzes the impact of the UN economic sanctions resolution 1874	Jae-Ho Lee
19	Studies on Public Expropriation (II): Analysis of Changes in Land Price Relating to Public Projects - A basic study to develop clearer criteria regarding the exclusion of development gains.	Hojun Lee Hyungtai Kim
20	A Study on the Treatment of Protest Zero Bids in Dichotomous Contingent Valuation Models - Based on the result of the dichotomous Contingent Valuation Models (CVM), the most popular methodology in Korea???s feasibility studies for measuring the value of non-market goods, this study examines the statistical test related to protest bids???the most significant factor to response bias???and correction method.	Kangsoo Kim
21	Economic Approach to Premium for Occupancy - The theoretical analysis attempted by this study according to the type of premium shows that equipment and facility investment, in particular, could be significantly affected by incentive system of protecting the premium. This result is presented through static and dynamic theory model and then this study provides the most appropriate alternative by analyzing institutional guarantee measures for the retrieval of the premium through a theoretical model.	Jungwook Kim
22	Real Estate Volatility and Economic Stability: An East Asian Perspective - This study analyzes the growth and changes in East Asian real estate of the past several decades. - In particular, it reviews the interaction between the fluctuation and stability in the real estate sector during Asia???s financial crisis between 1997 and 1998 and the global financial crisis between 2008 and 2009.	Man Cho
23	KDI-EWC Joint Research (yearly task) - KDI and U.S.-based Asian economics research organization the East-West Center conduct joint research on key issues in the Korean economy. The joint program listens to opinions of both scholars at home and abroad and world's renowned experts and promotes the capacity-building of KDI through exchanging study results.	To be decided
24	Other Study Projects Other than the principle research projects already approved in 2011, KDI also plans to select timely and meaningful policy research projects and promote them so as to flexibly respond to the research demand which could be brought by changes in study environment or policy needs during the remaining period of 2011.	To be decided

02 Research-related Programs

1) Economic Education and Information Projects - Economic education project for schools is designed to provide the youth, future economic leader, with economic knowledge necessary for reasonable decision making and economic activities so as to help them contribute to improving the national competitiveness as well as their own life when they enter the society. - Economic information project aims to not only enhance the public understanding of economy but also offer direct and indirect assistance to economic policy legislation and corporate and research activities by systematically collecting, classifying, and analyzing various domestic and foreign economic information, processing them into knowledge sources, and promptly providing them with users. 2) Joint Research and Cooperation Project with Int'l Organizations - Identifies strategic higher national priority tasks, and conducts joint research with world's renowned research and academic organizations. It also hosts international symposiums so as to promote expansion of the research field into the global stage. - Helps develop solutions to and build social consensus on key issues by reinforcing policy research capabilities that match the global and knowledge economy era; systematically and preemptively responding to national core policy tasks in the mid and long term; and building research networks among local and international experts and with international organizations. - Accelerates adoption of programs from more experienced industrialized countries and elevation of local institutions to the global level by reinforcing policy consulting and research exchanges with major international organizations such as the Organization for Economic Cooperation and Development (OECD) so as to help the government boost institutional capital, and the economy join the industrialized states. 3) Academic and Information Exchanges - Establishes an organic knowledge cooperation system by activating an economic forum comprising of experts from academic, research and business organizations and government officials so as to effectively conduct policy research on a variety of issues in the fast-changing economic environment. 4) Inter-Korean Economic Cooperation Trends and Research Council - Establishes a research knowledge and cooperation system for North Korean economy by maintaining an open channel of information and opinion exchanges on Inter-Korean economic issues, cooperation programs, integration and Northeast Asian economic cooperation drives among experts from the government and academic and research organizations. 5) Knowledge Sharing Program - Provides visiting and learning programs with developing countries or former socialist regions so as to help them enhance their understanding on the principle of market economy, strengthen their economic capacity, and formulate favorable attitude toward Korea 6)Joint Project with World Bank Institute - Share Korea???s development experience with member nations according to the agreement of the World Bank Institute - Carry out various projects, such as joint seminar, educational/training programs, and study tours

03 Research Support Programs

1) Development and operation of computer systems - Support for general and digital operations including development, operation and management of computer systems used to build databases, collect and compile statistical data, support research and administration within the organization, operate research programs, and repair and maintain computer equipments 2) Management of book data and provision of information - Collects, sorts and manages economy-related book data in and outside the institute, and provide them (book, research paper, digital data) to outside researchers and users at the institute. 3) Research planning - Holds seminars at each research stage for effective planning, selecting, and managing research projects, establishes/operates related committees, and promotes close cooperation among concerned ministries and organizations.

General Programs

01 Support for Public Financing Planning - Implement basic research for the establishment of the government???s National Fiscal Management Plan led by KDI and participating experts from the industry, academia, and the government - Supports the implementation of predictable fiscal strategy and institutional reform in link with mid-term fiscal framework to respond to future challenges - Promotes the establishment of predictable national strategy to respond to future challenges by drawing up the long-term national vision and strategy 02 Public Investment Evaluation - Supports the implementation of predictable fiscal strategy and institutional reform in link with mid-term fiscal framework to respond to future challenges - Contents of Project Study projects: Continuous research on methodology and analysis guidelines for pre-feasibility and feasibility re-evaluation studies and additionally, conduct studies on research methods of new projects and efficient management of total project costs. Research projects: Execution and management of pre-feasibility research and feasibility reassessment on specific projects 03 Private Investment Supporting Projects - Aims to contribute to an effective execution of budget by supporting the competent authority with works related to the review (including VfM), assessment, concession agreement, financial analysis and negotiation related to refinancing of private investment projects?which are implemented on the basis of the Act on Private participation in Infrastructure (PPP Act) - Contents of Project Study projects: Studies on improving the system to reduce overall project duration and resolving disputed issues for more effective project implementation, such as by preparing guidelines for small-sized VfM tests Research projects: VfM for private investment projects and proposal review, negotiations for small-sized VfM of BTL projects, etc. Supporting projects: Preparation of the 3rd party proposal and request for proposal (RFP), implementation of tender evaluation for project proposal and concession agreement negotiations Education and promotion projects: Provision of education programs for government officials (central, local, and overseas) in the field of private investment projects, international seminars and Korea-Japan joint meetings of private investment experts, investment consultation services that introduce foreign capital 04 Market Economy and Global Economy Specialized Project - The market economy and global economy specialized project aims to nurture economic agent???s capability for reasonable economic activity and adaptation to the global economy by delivering the importance of the market economy and the rapidly changing conditions of the global economy through video and print media. 05 Korean Economy???s New Paradigm for Sustaining Development and Integration - With the restructuring of the global economy and changes in the economy order, the coming decade is likely to be a critical period for Korea???s long-term destiny, and therefore it is necessary to come up with preemptive measures to set a medium- and long-term direction of Korea???s economic policy. - Now is the time to review the economic philosophy, the government???s role, and the national development strategy that had led Korea???s remarkable economic growth for the past five decades and then to define the Korean economy???s new paradigm to led the future development and unity. 06 Cooperation for International Development - Conducts policy researches to prepare for the quality and quantity expansion of Korea???s ODA and KSP projects, develops a Korean-version business model for development cooperation through systemizing contents related to development experiences, and establishes a foundation to effectively implement the projects for international cooperation - Conducts systematic researches on policy agenda???such as efficiency improvement of assistance???on Korea???s development assistance projects, including KSP, implements policy consultation projects, and establishes the infrastructure of development assistance projects 07 Development Policy Forum - Discusses development-related issues and provides economic development consultation services for developing countries, which helps enhance the international status of Korea and actively respond to the global economy???s joint tasks of poverty reduction - Discusses development-related issues and provides economic development consultation services for developing countries, which helps enhance the international status of Korea and actively respond to the global economy???s joint tasks of poverty reduction 08 Joint Program with the World Bank - Since the MOU with the World Bank in 2002, KDI has concluded the 1st MOU in 2002 and the 4th MOU in 2009, with an aim to impart its development experiences to developing countries - - Since the MOU with the World Bank in 2002, KDI has concluded the 1st MOU in 2002 and the 4th MOU in 2009, with an aim to impart its development experiences to developing countries 09 OECD/KOREA Policy Center - Enhances Korea???s status in the international community by taking a leading role in imparting systems and experiences of OECD nations, including Korea, to Asian nations and also providing educational and training programs - Identify and studies the policy trend of OECD nations 10 Capacity Building Project for Real Estate Policy Research - Currently, there is no institute in Korea that provides comprehensive feedbacks on the real estate policy from the perspective of supply, taxation, and finance. So, the Korea Development Institute (KDI) has its team organized for studying real estate and implements studies on policy direction, including the real estate market forecast, taxation, finance, and supply based on the consideration of the real estate supply and demand and macroeconomic conditions. 11 Korean Economy: Development to the Present and Korea???s Status and Role in the Future Global Economy - Analyzes the changes in the global economic order during the said period, policies as Korea???s responses to the changes, and the appropriateness of the responses so as to enhance the public???s understanding of and awareness on the future of the Korean economy. 12 Establishment and Operation of Development Lab - Leads the implementation and evaluation of the official development assistance (ODA) projects so as to build the foundation to set up a ???Korean version of assistance model??? as well as to provide concrete solutions to problems faced by developing countries 13 Joint Studies and International Conference with OECD (Sharing Korea???s Reform Experience and Enhancing the Reform Capability of Developing Countries) - Further expands/develops the ongoing project, ???Making Reform Happen (MRH),??? jointly promoted by KDI and OECD, into a policy consultative project of ODA, particularly for improving the reform capability of developing countries 14 A Model to Share Korea???s Economic Development Experience: Economic Development Phases and Government???s Role - Improves the acceptability and effect of the knowledge sharing project by generalizing Korea???s economic growth experience through empirical analysis of its economic growth and then by providing adequate policy guidelines needed for each stage of economic growth 15 Documentation Project for the Sixty Years of the Korea???s Economic and Social Development: Testimony from Veterans - Documents vivid experiences of senior experts who had played a leading role in Korea???s economic and social growth for the past six decades so as to share and reflect on their achievements with as many people as possible, which furthermore could be of significant use to the government???s knowledge sharing projects 16 Introduction of Secure USB Memory Management System - Upgrades the security of internal resources and data by strengthening the management of removable storage media 17 Measures to Ensure Economic Soundness by Fortifying the Middle Class - The global financial crisis has shed light on the importance of a series of problems, such as declining economic vitality, prolonged stagnation in employment, shrinking middle class, growing poor class, prolonged unemployment, disintegrating families, increasing subsistence crime, and rising class conflicts. - Develops policies to continually expand the existing social safety net for protecting the poor class, seeks measures to help the poor enter the middle class and to prevent the existing middle class from falling into the poor, and contributes to developing the government policy for fostering the future middle class

Facility Projects

Commissioned Projects

Education Programs at KDI Graduate School of International Policies

01 General Projects

* Academic Degree Courses Master of Public Policy MPP in Economic Development MPP in Public Management GMP (Global Master's Program)

02 Special Projects

* IT Projects Enhancement of educational computing environment