W11. Social Development is Economic Development 2 / Kim Seon Woo

Summary

 Let me turn now to my fourth point-that faster progress in social development is not only desirable but possible. Countries such as Costa Rica, Indonesia, Sri Lanka, Korea and China have demonstrated that it can be done and done within the bounds of reasonable budgets. For addressing the political and administrative challenges of delivering social programs, especially to the poor, there is no one soludon applicable in all countries. But these countries did two things: (1) They emphasized universal access to basic services: primary education, primary health care, family planning. (2) They relied on private and community initiatives rather than a highly centralized public sector. In one way or another they have exploited market incentives, either by permitting a large private sector to provide services to those able to pay, for example in secondary and higher education in Korea; or by emphasizing ccommunity initiatives and financing as in lhailand, China and Indonesia

Interesting Point

 I was proud that Korea's educational enthusiasm was highly regarded. I feel very proud of Korea's position as a developed country in the world. In economic development, I realized that education is the fastest way to develop human capital.

Discussion

However, Korean society is rather unhappy due to the'education of education'. What policies do we need to properly address educational issues?

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