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Regulatory Policy in Korea

Towards Better Regulation

image of Regulatory Policy in Korea

Regulatory reform has been a top priority in Korea for several successive administrations. Maintaining momentum for reform in Korea will be essential for producing tangible results and supporting inclusive growth, productivity and innovation. The Regulatory Reform Review of Korea provides key insights into a mature regulatory system and follows two previous Regulatory Reform Reviews of Korea completed in 2000 and 2007. It identifies a number of areas where improvements could help Korea reap the full benefits of the reforms introduced so far.

It stresses the need for a clear strategy for regulatory policy in order to make better use of the resources deployed.

 

English Korean

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Regulation and regulatory reforms in Korea

This chapter maps the history of regulatory reform in Korea since 1998. It presents the specific regulatory reform initiatives that have been carried out by each administration and highlights the efforts that have been undertaken to secure institutional support both from the public and private sector to strengthen and advance the regulatory reform agenda in the country.

English

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