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A direction of the industrial policy in the era of global low growth

Author Chang Seok-in Date Page

○With the expectation that the recent tendency of low growth will continue for a while, Korean industrial development strategies have reached the limit, and new industries to replace or compensate for them have not emerged soon. Therefore, it is necessary to establish the roles of the government and the private sector for a continuous industrial development under new policy conditions


○As the era of global low growth began and the fourth industrial revolution unfolded, we strive to propose key challenges and systematic plans of a new industrial policy for Korea to transform from a semi-developed country to a developed country.