On the 12th, Gyeongbuk Province held the 2023 Social Economy Activation Forum under the theme "The Role of Social Economy in Responding to the Local Era Led by Gyeongbuk" at the Sky Lounge of the main building of Daegu University.


This forum was organized to open a happy local era led by Gyeongbuk by examining various successful cases of social economy local branding in celebration of Social Economy Week (the first week of July).

People participating in the Social Economy Revitalization Forum gather together for a commemorative photo.

People participating in the Social Economy Revitalization Forum gather together for a commemorative photo.

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About 100 participants including Lee Dal-hee, Deputy Governor for Economy of Gyeongbuk Province; Park Soon-jin, President of Daegu University; Park Chae-ah, Gyeongbuk Provincial Assembly member; Kim Jae-gu, President of the Korean Academy of Management; Kang Dae-sung, President of the Korean Association of Social Welfare; as well as academics, related experts, and social entrepreneurs attended.


The forum began with a keynote presentation on "Regional Extinction and Localism - The Role of Gyeongbuk's Social Economy and Changemakers," followed by case presentations on the reinterpretation of local identity and realization of social value through Gyeongbuk local branding, and concluded with a panel discussion involving participants.


Jeon Young-soo, professor of the Department of Global Social Economy at Hanyang University and the keynote speaker on "Regional Extinction and Localism," mentioned the necessity of fostering and sustaining social economy organizations and cooperative organizations that aim to solve social problems in the intermediate zone between citizen organizations, public, and for-profit sectors in local communities.


Next, Park Seung-hyun, CEO of Coexistence Space Co., Ltd., presented a case study of Suwon City’s Haenggung-dong on spatial planning and branding content production such as urban community formation and job creation under the theme "Reinterpretation of Local Identity."


Lee Min-joo, CEO of Myeongju Garden Co., Ltd., gave a case presentation on "Realizing Social Value through Communication with Local Residents" through a complex cultural space where lifestyle-based creators’ content can be experienced.


At the forum, there was a unanimous voice that social economy, based on voluntary cooperation and mutual aid, democratic and participatory governance, and principles of autonomy and independence, is essential to revitalize local communities and open a sustainable local era.


Gyeongbuk Province is currently making multifaceted efforts as part of social economy local branding, including "Activation of Gyeongbuk-style Social Cultural Tourism," the "Village Enterprise Value Expo" to be held this year, and "Sales Channel Support through Collaboration with Large Distribution Platforms" such as Shinhan Card and Lotte.



Lee Dal-hee, Deputy Governor for Economy of Gyeongbuk Province, emphasized, "For sustainable development, democratic governance aiming at the interests and solidarity of various stakeholders as well as economic activities for social purposes in the region is essential," and added, "We will do our best to open a local era led by Gyeongbuk through the activation of social economy."


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

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