Korea's Growth Strategy in the Time of Standstill: Convergence and Innovation Based on Manufacturing

About

From the 1960s to 1980s, the world would say that "it will take 100 years for Korea to recover"(General MacArthur), or "finding democracy in Korea is harder than finding a rose blooming in a garbage can." The country did not even have a decent sports facility then, so the Philippines constructed a gymnasium for the Koreans.

However, recently, it is not unusual to see products made by Korean companies including Samsung and LG, in every corner of the globe. On the cultural front as well, Korea is going through remarkable changes. In particular, Psy's Gangnam Style is recording a worldwide hit, showing the world's growing interest in Korea's pop culture.

In addition, Korea has achieved democracy and economic growth at the same time, becoming the first country to turn itself from a recipient of aid into a donor of aid.

In this seminar, Minister Hong will walk the audience through the past, present, and future of Korean industry by analyzing motives of Korea's rapid growth, introducing promising industries such as nuclear, IT, and petro-chemistry and explaining current problems and new growth engines of Korea.

Please join us! Coffee and tea provided. Space is limited, and admittance will be on a first come–first served basis.