Korea Economic and Social Research Institute Holds Seminar on "Four Major Challenges and Solutions for the Korean Economy in the First Year of the Yoon Seok-yeol Government"

From 2 PM on the 2nd, held at Seoul Myeongdong Bank Hall

The Economic and Social Research Institute, a non-profit organization, will hold a seminar on the 4th at 2 p.m. in the International Seminar Room of the Bankers' Hall in Myeong-dong, Jung-gu, Seoul, under the theme "One Year of the Yoon Suk-yeol Government: Four Major Challenges and Solutions for the Korean Economy." This event will evaluate the achievements of the past year since the launch of the Yoon Suk-yeol administration.

The seminar will discuss how to overcome the four challenges facing the Korean economy in the future: low birthrate and aging population, shrinking opportunities for future generations, the advent of a new global economic order, and economic recession coupled with the phenomenon of the three highs.

Professor Kwon Nam-hoon of Konkuk University (Director of the Economic and Social Research Institute) will present. Professor Kwon will discuss how the Korean economy has transitioned over the past 30 years from a high-growth period and globalization phase to a mature economy phase, and the inadequacies in responding to these changes.

The presentation will also include participation from Professor Kim Hyun-wook (KDI School of Public Policy and Management), Professor Min Se-jin (Dongguk University), Professor Park Yoon-soo (Sookmyung Women's University), Dr. Jeon Byung-mok (Korea Institute of Public Finance), and Professor Jeon Hyun-bae (Sogang University). A discussion on policy directions to address the challenges proposed for the Korean economy will also take place.

Professor Lee Hang-yong (Hanyang University) will serve as the moderator, with experts such as Park No-uk (Korea Institute of Public Finance), Park Jung-soo (Sogang University), Park Cheol-sung (Hanyang University), Shin Ja-eun (KDI School of Public Policy and Management), and Lee Seok-ho (Korea Institute of Finance) participating in the discussion.

Regarding the issue of low birthrate and aging population, active "adaptation measures" to prepare for a decrease in the workforce will be discussed, including promoting the rapid social entry of youth, extending the retirement age, and establishing a multi-layered pension system combining private and public sectors.

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