[Robert J. Fouser] Is ‘Korean New Deal’ needed?
ViewpointsAug 14, 2020
A month ago, on July 14, President Moon Jae-in gave a speech outlining the “Korean New Deal.” The term takes its name from US President Franklin D. Roosevelt’s sweeping response to the Great Depression in 1933. The Korean New Deal has three main pillars: the Digital New Deal, Green New Deal, and a strengthening the social safety net. The proposals are designed to speed economic recovery from the COVID-19 pandemic and promote sustained economic and social development. Though t