● Korea’s Economy – Crisis, Reform

Global Economic Outlook: Key Trends at a Glance, Including Government Deregulation, Innovation Policies, and Education Investment

[1] Let Money Work and Reduce Regulations

For money to play its role, it needs to be free. We urgently need to create a financial environment that can foster venture and innovation ecosystems, moving away from the corporate finance-centered system of the IMF era.
We need to resolve the rigidity of corporate loans, collateral loans, and retail finance, and promote the trading of listed and unlisted technology stocks.
Financial supervision and legal regulations, if too strict, can hinder innovation, so autonomy and a private-led structure are required.

[2] Introduction of 401k System and Capital Market Activation

Just as the U.S. 401k system has revitalized the stock market while protecting retirees,
we need to improve our systems to revitalize the capital market while protecting investors.
Constructing a future-oriented financial system, such as a system that provides information on unlisted stocks through analyst mediation, is key.

[3] Reduction of Government Role and Private-Led Dynamic Economy

Instead of excessive regulations and budget waste, the government should shift its direction to foster private innovation and creativity.
It is important to improve the structure in which public officials and legislative bodies create regulations and create an environment where “money dances.”
Like Trump’s policy of eliminating ten regulations for every one created, unnecessary systems should be boldly cleared away.

[4] Education Innovation and Human Resource Investment

The future of the economy ultimately depends on people, that is, talent.
We need to bridge the gap between academia and industry through domestic education systems, especially AI education, distribution of digital textbooks, and IT talent development.
Without educational innovation, such as the shortage of computer science personnel at Seoul National University, the success of future industries and R&D investment is difficult.

[5] Government Budget Management and Training of Technology and Finance Experts

The government’s cuts in R&D and education budgets directly lead to the failure of innovation policies.
Technology finance experts, not members of parliament or public officials, should have decision-making power,
and actively engage in practical innovation, the creative economy, and the establishment of investment strategies.
The flow of money, the cultivation of talent, and the concentration of knowledge will dominate the future society.

[6] Summary – A Dynamic Economy Created by the Two Pillars of Money and People

Ultimately, the economy changes dynamically when money is properly circulated and talent plays its role.
The government should reduce unnecessary regulations and focus on investing in the private sector and education.
A fundamental national transformation, such as introducing the Anglo-American legal system from the existing regulation-centered policy, should also be explored.
All of these key issues will help optimize search engines through SEO keywords such as economic outlook, financial policy, investment strategy, innovation, and R&D investment.

Summary

The key to the economic outlook is creating a free financial environment where money can work on its own,
government deregulation, capital market activation such as the 401k system,
and talent development through educational innovation.
The government should support the dynamism of the private sector rather than unnecessary intervention,
and secure future industrial competitiveness through R&D investment and the training of technology and finance experts.

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