Kim Moonsoo: "Job-Centered Growth... Achieving 3% Potential Growth Rate"

Economic Policy 'MSnomics' Announced
"Distribution Stronger Than Welfare"

Kim Moonsoo, the People Power Party's presidential candidate, announced his economic transformation policy, "MS (More & Secure)nomics," on the 30th.

Kim presented "job-centered growth" as his vision. He emphasized, "Jobs drive growth, and growth directly leads to distribution and welfare," adding, "The only solution to revitalize the Korean economy is job-centered growth."

Kim Moonsoo, the People Power Party's presidential candidate, appeals for support from citizens during a campaign rally in Gapyeong-gun, Gyeonggi Province, held at the Cheongpyeong Clock Tower Square on the 30th. 2025.05.30 Photo by Kim Hyunmin

He also revealed three main objectives: restoring the potential growth rate through reforms in business, education, and finance; achieving a "flowing economy" where the barriers to employment are lowered and the fruits of growth are distributed to all citizens; and ensuring warm, survival-oriented welfare that guarantees basic rights in life.

Specifically, he set a goal of achieving a 3% potential growth rate by 2030. He also outlined a blueprint that includes: raising per capita national income to $40,000; making Korea one of the world's top five export powers; becoming the global leader in nuclear energy; advancing to become one of the global top three in artificial intelligence (AI); and nurturing 100 world champion companies in new technologies.

To achieve these goals, he presented six core strategies: investment in technology; eliminating business regulations; establishing a foundation for self-reliance through guaranteeing basic rights and tax cuts; creating an employment-friendly labor market; transitioning to choice-based education; and supporting growth-oriented fiscal policies.

Kim stated, "Through a job-centered 'flowing economy,' we will ensure that the fruits of growth reach all citizens," and added, "With MSnomics, we will achieve real growth and warm welfare that go beyond populism."

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