Making Korea Grow Again: Rebalancing the Moon Jae-in Economic Agenda

While North Korea has dominated headlines in the United States, most South Koreans are more concerned with their own economy. Since coming into office after winning last year’s election on a platform of job creation and inclusive growth, President Moon has pursued two sets of economic policies. The first, income-led growth, aims to promote domestic consumption through raising lower and middle class incomes while the second, innovative growth, encourages startups to create jobs and innovate. Together they both tackle the most important issues facing the Korean economy. Though these policies likely need more time to play out, the results so far provide valuable insights into what adjustments should be made so that they can better work together to meet their shared goals. 

KEI welcomes you to join us for a discussion with Dr. Ahn Choong Yong on the challenges facing the Korean economy, the initial outcomes of the steps President Moon has taken to address these challenges, and how his two-pronged economic agenda can be rebalanced to achieve sustained, equitable growth.