Korea Startup Forum and Codit Jointly Announce "2025 OECD Regulatory Policy Outlook"

Korea Startup Forum announced on the 22nd that it jointly released the issue paper titled "2025 OECD Regulatory Policy Outlook Analysis and Korea's Response Measures" together with the Codit-affiliated Global Policy Demonstration Research Institute.

Korea Startup Forum announced on the 22nd that it jointly released the issue paper titled "2025 OECD Regulatory Policy Outlook Analysis and Korea's Response Measures" together with Codit-affiliated Global Policy Demonstration Research Institute. Korea Startup Forum

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The issue paper was prepared based on an analysis of the Organisation for Economic Co-operation and Development (OECD) report "Regulatory Policy Outlook 2025." According to the issue paper, this year's OECD report redefines regulation not simply as a means of enforcement, but as a core instrument of national strategic capability for responding to digital and green transitions, as well as to geopolitical risks. The report also presents the level of regulatory operation in each country as an evaluation criterion.

The Codit Global Policy Demonstration Research Institute analyzed that while Korea ranks high in terms of institutionalizing Regulatory Impact Analysis (RIA) and ex post evaluation, structural limitations of the system have been repeatedly pointed out. These include the lack of RIA application to bills proposed by the National Assembly, insufficient strategic coordination functions, and inadequate inter-ministerial cooperation.

In response, Korea Startup Forum and Codit proposed five major structural response measures: legislative institutionalization of regulatory governance including Regulatory Impact Analysis, institutionalization of annual regulatory performance reports, establishment of a system to evaluate the level of regulatory operation by ministry, strengthening the capacity of regulatory agencies to respond to digital and green transitions, and building a sustainable regulatory improvement feedback system.

Jung Jieun, CEO of Codit, stated, "To reduce regulatory uncertainty and inefficiency that the startup ecosystem experiences in the field, it is especially important to establish a practical feedback system jointly created by the government and the private sector." She added, "We hope that voices from the field will be reflected in the system and meaningfully incorporated into regulatory policy during this presidential election."

A representative from Korea Startup Forum commented, "An institutional framework must be established to allow stakeholders representing the startup community, such as Korea Startup Forum, to participate from the early stages of regulatory discussions."

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