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[News] What’s Next? KDI’s Perspective on the Future Agenda for the Korean Economy

February 17, 2021

The ‘What’s Next? KDI’s Perspective on the Future Agenda for the Korean Economy’ conference was held by KDI on February 17, 2021 to mark its 50th anniversary.
 
Comprised of four parts, the conference addressed industry and market issues in Session 1, labor and education in Session 2, public and government finance in Session 3, and an OECD special session was held for Session 4. The first three sessions were conducted in Korean while the keynote speech and OECD special session were carried out in English.
 
During his keynote speech, ‘A New People and Planet-centred Economic Paradigm,’ Ulrik Vestergaard Knudsen, OECD Deputy Secretary-General, affirmed the OECD’s commitment to working closely with governments from around the world. He also advised that a paradigm shift will require the seamless implementation of policy measures that can bridge the digital divide, bolster productivity, and foster innovation.
 
The OECD Special Session featured a presentation from Romina Boarini, Director of the OECD WISE Center, entitled ‘Changes in Economic Paradigm.’ She emphasized that a transition to a new growth paradigm will require the pursuit of inclusivity and innovation, and must center around the people’s well-being and sustainability. Additionally, she recommended that Korea should break down labor market duality, increase social insurance coverage and upskilling opportunities for low-skilled and non-regular workers while also creating a support system that can promote cooperation between manufacturing and services and between SMEs and large firms.

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Office of Global Economy
Providing Economic Forecast and Macroeconomic Policy Direction, the Groundwork for a Brighter Future

The Department of Macroeconomics is conducting researches on the macro economy and macroeconomic policy, particularly focusing on suggesting the analysis of macroeconomic trends and current status of the economy at home and abroad, the economic forecast, and the policy direction of the macro economy. The Department is also in charge of establishing, sustaining and maintaining various econometric models, based on which it analyses policy effects and develops a long-term economic forecast.

Main Tasks
  • Economic trend analysis, short- and long-term forecast
  • Policy study on macroeconomic management
  • Basic structural analysis on macroeconomic areas
  • Maintenance of multi-sectoral dynamic macroeconomic model
Department of Macroeconomic Policy
  • LEE. Tae Suk

    Director, Division of Analysis and Evaluation

    82-044-550-4725
  • CHO, Byungkoo On leave

    Director and Vice President, Department of North Korean Economy

    82-044-550-4725
  • LEE, Jongkyu

    Fellow

    82-044-550-4725
  • WEE, Hyeseung Dispatched

    Research Associate

    82-044-550-4725
  • NAM, Jinwook On leave

    Specialist

    82-044-550-4725
  • KIM, Seulki

    Research Associate

    82-044-550-4725
  • CHUN, Eunkyung

    Research Associate

    82-044-550-4725
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