Korea Development Institute

Korea Development Institute
Type Government-run
Established 1971
President Joon-Kyung Kim
Address KDI (Korea Development Institute), 15 (Bangok-dong, Korea Development Institute), Giljae-gil, Sejong-si 339-007, Korea, Sejong, South Korea
Affiliations Prime Minister's Office
Website http://www.kdi.re.kr/
Korea Development Institute
Hangul /
Hanja / 케이디아이
Revised Romanization Hanguk Gae Bal Yeunguwon / Kridiai
McCune–Reischauer Han’guk kaebal yŏn’guwŏn / K‘eidiai

Early in its development, Korea lacked home-grown research and policy expertise needed to support the country's economic development. To address this, KDI was established in 1971 to conduct policy research and analysis on fundamental economic and social issues using scientific methods to support the nation's development efforts. It was the first of its kind in the republic's young history.

With financial assistance from the United States and the dedication of twelve aspiring Korean researchers, the institute made invaluable contributions in supporting Korea's early economic and social development by providing high quality and objective policy research and analysis.

For the past forty years, KDI has conducted rigorous research on a broad range of economic and social issues, from macroeconomics policy, fiscal policy, finance, welfare, labor, trade, competition policy, to the North Korean economy. To cope with the new challenges of a rapidly changing economy, the institute's role and responsibilities have expanded over the years, with the addition of the Economic Information and Education Center, the KDI School of Public Policy and Management, and the Public and Private Infrastructure Investment Management Center. The institute has also led Korea's efforts to take a greater role in the international development community, expanding its research and knowledge sharing activities and global footprint through the Center for International Development.

By enhancing its research capacity and cooperative studies internationally, KDI will achieve world-class excellence in its research, formulate preemptive and applicable economic policies, and at the same time strengthen comprehensive academic studies.

Major Projects

  1. Research Projects, Research-related Projects, Research-supporting Projects
  2. Economic Education and Information Projects: Public-Private Partnership Projects, Public Investment Evaluation Projects, Specialized Projects Related to the Market Economy and Global Economy, Cooperation for International Development, Publication of the "60-year History of the Korean Economy" - Memoirs of veterans, G20-related Study, Project to Strengthen Capability for Real Estate Policy Study, OECD Korea Policy Center, Study for Korea's Economic Strategy in Response to Chancing Global Economic Conditions, Service Economy Study, High-school Economics Textbook Verification-related Study

Research Departments

  1. Department of Macroeconomic Policy
  2. Department of Financial Policy
  3. Department of Competition Policy
  4. Department of Human Resource Development Policy
  5. Department of Industry and Service Economy
  6. Department of Land and Infrastructure Policy
  7. Department of Public Finance and Social Policy
  8. Department of North Korean Economy

Task Forces

  1. Global Economy Research TF
  2. Public Pension TF

Affiliated Bodies

  1. Economic Information and Education Center (EIEC)
  2. Public and Private Infrastructure Investment Management Center (PIMAC)
  3. Center for International Development (CID)
  4. Center for Regulatory Studies
  5. KDI School of Public Policy and Management
  6. Center for Education and Training

KDI's History

Major Developments in KDI's History

Major Research Activities

Previous Presidents

References

    Coordinates: 37°35′42″N 127°02′34″E / 37.5950°N 127.0428°E / 37.5950; 127.0428

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