Policy Brief

Social Economy and Public Policy Development: A South Korean Case

26 July 2017


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This paper highlights and traces the development of South Korea’s social economy in recent decades and provides an overview on how Korea conceptualises its social economy, and what role it plays in public policy as an innovative approach to solve the nation’s socio-economic problems. With globalisation and the neo-liberalisation of Korea’s economy, socio-economic problems grew prevalent and the social economy was identified as a novel and efficient way to address many of these issues in Korea. This emergence of the social economy attracted the attention of the Korean government whom at current juncture, are involved in the development of this new economy. As such, much of the emphasis of this paper is placed on public policy developments specific to the social economy in Korea, the impact of these social economy policies, and the issues and challenges it faces.


A. Environmental Stewardship
To protect the environment, we organize programmes like mangrove nursery and Reforestation, Coastal and River Clean-Up, Community Based Environmental Solid Waste Management, Environmental IEC Campaign and Eco-Academy

B. Food Security and Sustainable Livelihood
To ensure a sustainable livelihood for the community, eco-tourism include Buhatan River Cruise Visitor Center Buhatan River Mangrove Boardwalk are run by the community. Others include Organic Vegetable and Root crops Farming, Vegetable and Root crops Chips and by-products Processing and establishing a Zero waste store.

C. Empowered Communities
To empower the community, we provide product and Agri-Enterprise Development Training, Immersion and Learnings Exchange Program, Earth Warrior Training and Community Based Social Entrepreneurship Training

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