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President Moon Jae-in never mentioned the three main economic policy directions above, such as revenue-driven growth, innovation growth, and the fair economy, in the tenth special speech at the Blue House in Cheong Wa Dae on 10 Instead, they brought to light the Korean version of the New Deal, a leading economy and a world-class factory in a high-tech industry. As it secured strong state operating power until the end of the period until the April 15 general elections, it went beyond ending existing economic policies for the remaining two-year period, and began the new phase of coronavirus infection (Corona 19). ‘It means focusing on politics.
○ “The” Korean New Deal “is a digital infrastructure construction”
In our speech, President Moon said: “Our goal is to go beyond” Korea in the world. “” Our goal is to lead the world in South Korea, “he said. Based on the results of the Crown 19 quarantine, the New objective is to focus on “Post Corona (after Corona)” economic policy and change the structure from “economy of persecution” to “leading economy”.
President Moon said: “The world economic order after Crown 19 has never been optimistic.” He said: “For the rest of my term, I will do my best to turn the crisis into an opportunity while working hard to overcome the national crisis with the people.” President Moon mentioned ‘Economy’ 22 times, ‘Crisis’ 19 times, and ‘Sundo’ 11 times in a four-month public address after the New Year’s press conference in January.
To overcome Corona 19’s economic crisis, President Moon presented a “leading economy” strategy and a “new Korean deal” project. This means, firstly, that it will overcome the employment crisis through job creation and, furthermore, will proactively respond to the market that will be bigger due to Corona19 through the launch of ICT. Regarding the ‘Korean version of the New Deal’ presented on the day, Moon said: “It is a future preventive investment to build a digital infrastructure.” “We plan to build a 5G (Fifth Generation Communication) infrastructure early and build a data infrastructure that collects, accumulates, and uses data like a national business. I will.” The government plans to create new jobs by allowing the government and the private sector to use data such as public finance and medical services. The industry believes that the healthcare industry will be promoted using medical information or the construction of a transportation big data platform. Building on this infrastructure, President Moon said, “I will jump Korea into the world’s leading digital power.”
Furthermore, President Moon said: “It is a large scale that intensively encourages non-face-to-face industries such as medical, education and distribution, and combines artificial intelligence and digital technology in national infrastructures such as cities and industrial complexes, roads and networks of transport, and former capital stock (SOC) “. I will also actively pursue job creation projects. “The government intends to accelerate the implementation of the national project and the draft feasibility study waiver project and build an intelligent security management system in the old public facilities. This means that They have been able to focus on investments in life-oriented SOCs since the current government was launched, but they can also participate in construction projects and civilian SOCs, which have high direct effects on employment and a rapid local economic revitalization. detailed projects by the end of this month and announce plans to promote the Korean version of the new agreement early next month.
○ Beating Corona 19 as “Legacy of Economy”
Along with this, President Moon also said: “Korea will become a” global factory for high-tech industry “and change the industrial map of the world.” This means that, based on the successful prevention of Corona 19, Korean companies that have advanced abroad will actively participate in attracting “U-turns (internal return)” and investments abroad.
President Moon’s “post-crown” economic strategy on this day may not have visible results in President Moon’s remaining term. In response, a Blue House official explained, “It is not a retirement term, but the future of the Republic of Korea in mind.” The government intends to use the “Post Corona” economic strategy as the Moon Jae-in government’s “Economic Legacy”, such as the introduction of the high-speed Internet by the Kim Dae-jung administration and the creation of a highway of information, and the FTA of the Roh Moo-hyun administration.
Still, the Blue House said, “I didn’t give up on revenue-driven growth.” This is to expand the social safety net through government budgets, such as the national job insurance system, and revitalize the livelihood economy.
Meanwhile, President Moon also called for daily consumption to boost domestic demand. President Moon said: “I hope that people in the economy are active in consumption and economic activities while observing quarantine rules.” Concern about the collective infection is growing again, but it is based on the judgment that the stagnation of domestic demand due to the decrease in consumption can no longer be seen.
Sang-Joon Han [email protected] / Sejong = Reporter Song Chung-Hyeon
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