Government Holds '1st Future Strategy Forum'... Discussing Resilience Enhancement in an Era of Uncertainty

[Asia Economy Reporter Kwangho Lee] The Ministry of Economy and Finance announced on the 16th that it held the '1st 2020 Future Strategy Forum.'

The Future Strategy Forum was newly established and has been operating since 2019 to facilitate in-depth discussions among experts on future issues. This year, it plans to hold three sessions in a series on the theme of 'Challenges and Responses in the Era of Hyper-Uncertainty,' which emerged during the COVID-19 crisis.

The first forum aims to promote a comprehensive understanding of the hyper-uncertainty discussion, while the second and third sessions will focus on the health, social, and economic system responses to COVID-19.

Also, unlike last year, this year the forum will be conducted both online and offline considering the COVID-19 situation. To share and enhance understanding of the situations and response cases faced by various countries in this global crisis, overseas experts will be included as presenters.

On this day, the forum was held under the theme of 'Theories and Domestic and International Policy Approaches to Economic and Social Crises and Disasters,' with presentations by Leena Ilmola-Sheppand, a research fellow at the International Institute for Applied Systems Analysis (IIASA), and Professor Jibeom Jeong of UNIST (Ulsan National Institute of Science and Technology).

Research fellow Ilmola emphasized that in an environment where increasing uncertainty accelerates structural changes in the global economy, building resilience beyond risk management has emerged as a core task for growth, under the theme of 'Theoretical Approaches to Hyper-Uncertainty and the Post-COVID-19 Global Economy and Finland.'

She also introduced scenario analyses of various economic and social sectors in Finland after COVID-19 using systems analysis, suggesting the need to establish an economic system encompassing manufacturing, services, knowledge, digitalization, and ecosystem sustainability.

Professor Jeong presented on 'Directions for Risk and Disaster Management and Resilience after COVID-19,' stating that as the targets of risk and disaster management evolve into atypical and unpredictable forms such as climate change, infectious diseases, terrorism, and cyberattacks, it is very difficult to prevent all risks perfectly. Therefore, the paradigm of risk and disaster management must shift from prevention to mitigation and resilience.

He particularly emphasized participation and inclusion as directions for risk management from a resilience perspective, proposing key tasks such as strengthening anticipatory administrative capacity, establishing resilience strategies in each sector, and reinforcing protection systems for disaster-vulnerable groups.

This content was produced with the assistance of AI translation services.