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KDI - Korea Development Institute

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KDI News What‘s Up Newsletter Vol.19

The 19th issue of the KDI What's Up newsletter is now available!

March 18, 2025
News KDI President Participates in the Global Labor Market Conference (GLMC)

KDI President Dongchul Cho participated as a speaker at the GLMC, held in Riyadh, Saudi Arabia, from January 29 to 30.

February 06, 2025
KDI FOCUS Competition Policy for Online Platforms’ Self-Preferencing Conducts

Self-preferencing by online platforms encompasses a spectrum of conduct types, all with implications for both anti-competitive and...

December 23, 2024
KDI FOCUS Restoring Labor Market Functions to Address Job Insecurity among Middle-Aged and Older Workers

In the Republic of Korea, middle-aged and older workers experience unusually high job insecurity due to limited labor demand for them.

December 17, 2024
News “2024 Knowledge Exchange Days (KED)” successfully took place at the GKEDC

The inaugural 2024 KED took place successfully from October 31 (Thu) to November 1 (Fri), hosted by the MOEF and organized by KDI and GKEDC.

November 14, 2024
News The 2024 APN Conference successfully ended

The 2024 Asia-Pacific PPP Practitioners’ Network (APN) was held in Seoul, Korea, at Nine Tree ROKAUS Seoul Yongsan, from October 22 to October 23.

November 14, 2024
KDI FOCUS Protecting Customer Funds for Emerging Financial Products

Emerging financial products driven by innovation, such as virtual assets and simplified payment services, introduce both new conveniences and...

December 03, 2024
News The 2024 KDI Conference: Reform Measures for Enhancing Productivity in the Korean Economy

In his opening remarks, KDI President Dongchul Cho emphasized that enhancing productivity across society is essential to supporting...

December 17, 2024
KDI FOCUS Galapagos Syndrome in South Korea’s Real Estate PF, and the Need for Fundamental Structural Reform

Over the past several decades, real estate project financing (PF) has repeatedly triggered economic disturbances in Korea, with no fundamental remedies in sight until now.

December 02, 2024
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Summary

Other Research KOR International Development Cooperation in the Post-pandemic Era: Health and Medicine
International development cooperation in health infrastructure and services has been significant; however, the recent economic and social crises triggered by the COVID-19 pandemic have further emphasized its importance. Major donor countries and international organizations have supported global health security post-COVID-19 by strengthening assistance in the health and medical sectors to partner countries and collaboratively striving towards global resilience recovery.

South Korea has actively aligned with the Sustainable Development Goals (SDGs) by supporting the health sector. This commitment is evident in initiatives such as the third Comprehensive Basic Plan for International Development Cooperation (2021-2025), which emphasizes enhancing global health threat response, expanding humanitarian support in vulnerable areas, and prioritizing the improvement of quality of life. Currently, there is a growing need to explore the direction of health development cooperation post-COVID-19 for sustainable development, drawing upon South Korea's policy experience of economic and social development.

This research explores, firstly, the general trends and recent advancements in international development cooperation, knowledge sharing, and the strategies employed by major donor countries and international organizations in the health sector. Secondly, it examines South Korea's developmental experience in enhancing global resilience during the post-COVID era, considering both institutional and technological aspects. The study concludes by offering recommendations to improve access to health facilities and services, emphasizing the importance of the National Health Insurance System and the capacity building of the biohealthcare industry.

The study organizes the South Korean National Health Insurance System chronologically according to its development stages and compares it with the insurance systems of major countries such as China and Japan. In the biohealthcare industry, the study encompasses biopharmaceuticals, innovative medical devices, regenerative medicine, and digital healthcare. It offers an overview of the post-COVID-19 digital healthcare market, as well as explains domestic policies for nurturing the digital healthcare and biohealthcare industries and the export status of the biohealthcare industry.

To enhance the development effectiveness in health infrastructure and service, the research suggests focusing on areas where Korea's biohealthcare sector has a comparative advantage while utilizing its innovative potential of partner countries. It also emphasizes the active participation of bio-pharmaceutical companies, the key players in Korea's biohealthcare technology and production capabilities. Collaboration with various global partners, including advanced countries and research institutions in low- and middle-income countries, is necessary for international development cooperation. The establishment of a collaborative system with various global partners is crucial, and domestic conditions, including close cooperation between relevant agencies such as the Ministry of Health and Welfare, the Korea Centers for Disease Control and Prevention, and the Ministry of Food and Drug Safety based on official development assistance, are essential.

The report concludes by hoping that the insights provided on international development cooperation trends and strategies in health, as well as South Korea's development experience in health insurance and the biohealthcare industry, will contribute to formulating future development strategies in the post-COVID era.