South Korea was one of the Asian economies hardest hit by the 2008 global financial crisis. But instead of twiddling its thumbs and waiting for a recovery to manifest via business as usual, the nation is taking a proactive approach by nurturing an entrepreneurial ecosystem that is conducive to growth. President Park Geun-Hye outlines Korea’s blueprint for a modern, sustainable “creative economy.” getAbstract recommends Park’s visionary plan to policy makers and chambers of commerce around the world seeking ideas to kick-start recoveries in their own constituencies.
In this summary, you will learn
- How South Korea established a “creative economy” and
- What steps South Korea is taking to support entrepreneurs.
About the Speaker
Park Geun-Hye is the 11th president of South Korea.