"KDI to Form Real Estate Research Team Following Hong Jang-pyo's 'Issue Response' Directive"

Hong Jang-pyo, President of the Korea Development Institute (KDI), delivering his inaugural speech at the inauguration ceremony held on June 1st at the KDI headquarters in Sejong. (Photo by KDI)

[Sejong=Asia Economy Reporter Moon Chaeseok] The Korea Development Institute (KDI), a government-funded research institute, has decided to establish new teams dedicated to researching pressing economic issues such as real estate and platforms, including a Real Estate Research Team. This organizational restructuring and personnel changes mark the first since the inauguration of President Hong Jang-pyo, the architect of the income-led growth policy, who has called for "strengthening responses to current issues."

With this reorganization, the KDI research departments will be adjusted into three divisions: Macroeconomic and Financial Policy, Industrial and Market Policy, and Fiscal and Social Policy. Previously, there were four research departments: Economic Strategy, Knowledge Economy, Market Policy, and Public Economy. The Real Estate Research Team will be newly established under the Macroeconomic and Financial Policy Research Department, the Platform Economy Research Team under the Industrial and Market Policy Research Department, and the Population Structure Response Research Team under the Fiscal and Social Policy Research Department.

A KDI official stated, "By creating organizations such as the Real Estate Research Team, Platform Economy Research Team, and Population Structure Response Team, which address structural issues facing our society and emerging industries, we will conduct research on the nation's mid- to long-term future strategies and seek policy alternatives more swiftly and flexibly."

Organization Chart of Korea Development Institute (KDI). (Source=KDI)

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