6th Seminar Series on KDI School Blended Learning – “The Role of the Government and Politics in Economics Management”
SungHee Jwa, Professor, KDI School of Public Policy and Management
Le Dang Doanh, Senior Fellow of the Economic College, Hanoi National University (HNU)
Jin Park, Professor, KDI School of Public Policy and Management
Haiyoung Yun, Assistant Dean, Capacity Building Center, KDI School
The 6th series is applied via video conference at Jakarta Distance Learning Center, Universitas Indonesia on on July 25, 2014 from 14:00-15:30. This course discussed about The Role of the Government and Politics in Economics Management in Korea and it will be an opportunity for participants to stimulate critical thinking about development experience and to reflect on their respective economies as well.
For Korea’s economic development, the state including both government and politics should support the political ideology and the economic institutions and policies which help those who help themselves. Industrial policy should also be discriminatory in that it supports the higher market performers rather than the weak performers. Main message is “Egalitarian economic institutions and policies are the sufficient condition for economic stagnation while economic discrimination is the necessary condition for development.”, “egalitarian state is not development-friendly while economically discriminatory (based on the performances) state will be development-friendly.”, “Growth and development policies should be based on the principle of economic discrimination while social policy may be based on the egalitarianism.”
Once the discussion is complete, the program continued with a discussion by Le Dang Doanh, Senior Fellow of the Economic College, Hanoi National University (HNU). Here is the brief summary of this course :