Korea: progress in implementing regulatory reform

Korea was among the first countries to feature in the OECD in-depth series Reviews of Regulatory Reform. The Korean review was released in 2000 after the financial crisis of 1997. Since then, Korea has made bold efforts to enhance conditions for long term growth: promoting regulatory reform, cutting red tape, strengthening competition policy and market openness. The Korean government has also modernised its regulatory framework for information technologies, an area where Korea plays a leading role among OECD countries. This publication assesses progress since 2000 and analyses