Report | Innovative Korea: Leveraging Innovation and Technology for Development

innovative KoreaKGGTF contributed to the recently released, "Innovative Korea" report that summarizes the sources of Korea’s remarkable growth and the policies and institutional reforms that made it possible.

The report focuses on Korea’s successful transition from a middle-income to a high-income economy. Korea escaped from the “middle-income trap” by fundamentally transforming its growth paradigm to a more private-sector-led model emphasizing market competition, innovation, and technology.

Download the report here