GLF 2021 > Session
The US-China rivalry is reshaping the world economy and even the daily lives of ordinary people. It is disrupting the global supply chains for COVID-19 vaccines, semiconductors, batteries and consumer goods.
Against this backdrop, this session is designed to invite global leaders, thinkers and/or policymakers and experts to address the following questions, among others.
· JUN Kwang Woo / Chairman & CEO, Institute for Global Economics (IGE) · Former Chairman, Financial Services Commission (FSC)
· Enrico Letta / Leader, the Democratic Party and Former Prime Minister of Italy
· Henry WANG / Founder and President, Center for China and Globalization (CCG)
· Chad P. Bown / Reginald Jones Senior Fellow, Peterson Institute for International Economics
· SHIN Kak Soo / Former Vice Minister, Ministry of Foreign Affairs, Kore
· [Moderator] Taeho BARK / Former Minister for Trade, Korea
[Parallel Session: A Roundtable on Korea’s Global Trade Cooperation Strategy]
In recent years, we are witnessing several notable trends in international trade. First, amplified negative voices on free trade and globalization from the general public.Second, the distortion of fair competition in the global market due to overproduction and redundant production capacity powered by the Chinese government's industrial subsidies. In response to this phenomenon, the US regulates the export of high-tech products to China. Third, efforts to establish domestic supply chains regarding the production of to high-tech products such as semiconductors and electric vehicle batteries.Fourth, strengthened response to climate change and the expansion of digital trade.
The problem with these international concerns is that there is no transparent and fair multilateral policy that can govern and oversee these issues. The Twelfth WTO Ministerial Conference (MC12) will be held in Geneva soon. However, trade experts are skeptical on whether this meeting will result in significant changes. For the time being, it is believed that there is little room for improvement in the world trade environment through the multilateral trading system centered on the WTO.
· Taeho BARK / Former Minister for Trade, Korea
· Lee Jae-min / Professor, Graduate School of Law Studies, Seoul National University
· Choi Seok-young / Former Permanent Mission of the Republic of Korea in Geneva
· Yunjong Wang / Professor, Dongduk Women's University
· Inkyo CHEONG / Professor, Inha University
· Heo Yun / Professor, Graduate school of International Studies, Sogang University
Democracy and capitalism have been challenged by a diverse range of forces, especially since the Great Recession of 2008-09. Political instability, economic uncertainties, climate change and inequities have been reinforcing nationalism, protectionism and unilateralism around the world, threatening the democracy and capitalism upon which the world garnered its peace and prosperity.
When the COVID-19 pandemic is in itself the most immediate challenge to the world and is further undermining the sustainability of democracy and capitalism, the world is in urgent need of such qualities as responsible leadership, continued innovation, new technologies and social cohesion, among others.
· Maria Ressa / Nobel Peace Prize Laureate 2021
· Peter A. Hall / Krupp Foundation Professor, Harvard University
· Sir Paul Collier / Professor of Economics and Public Policy, Blavatnik School of Government, University of Oxford
· Vera Songwe / United Nations Under-Secretary-General; UN Economic Commission for Africa
· Dominique Moïsi / Special Advisor for Geopolitics, Institut Montaigne, France
· Mohan Kumar / Chairman, Research and Information System for Developing Countries(RIS), India
· Jung-Hoon Lee / Dean, Graduate School of International Studies, Yonsei University
· [Moderator] Yoo Il-ho / Former Deputy Prime Minister and Minister of Finance, Korea
[Parallel Session: A Roundtable with Ambassadors]
Korea needs more friends and partners in its diplomatic endeavor, both bilaterally and multilaterally. A balanced diplomatic effort would start at home, therefore our foreign ambassadors are the most valuable first-hand resources available in Korea. In view of this, we require more venues for sharing and exchanging ideas between the ambassadors and Korea's opinion leaders. For this session we will invite ambassadors of multiple countries to Korea, considering regional balance.
· Catherine Raper / Ambassador of Australia to Korea
· Maria Castillo Fernandez / Ambassador of EU to Korea
· Bruno Figueroa / Ambassador of Mexico to Korea; Dean, Ambassadors of the Latin American region
· Ramzi Teymurov / Ambassador of Azerbaijan to Korea
· Mwende Maluki Mwinzi / Ambassador of Kenya to Korea
· Bader Mohammad Al-Awadi / Ambassador of Kuwait to Korea; Dean, Arab Diplomatic Corps
· [Moderator] SONG Kyung Jin / Executive Director, Innovative Economy Forum
Covid-19 has changed the entire landscape of the innovation ecosystem by accelerating the exploitation of digital technologies while weakening traditional innovation factors. The current innovation ecosystem is rapidly reorganizing as ‘the big blur’ in which boundaries between industries are collapsing. However, it appears how the innovation ecosystem should be reconstructed and how ‘destructive creation’ should take place in the era of a post-pandemic world. In this context, this session seeks to discuss with global innovation leaders in an attempt to set future agendas and propose a new innovation ecosystem for the post-pandemic era.
· Robert D. Atkinson / President, Information Technology and Innovation Foundation, USA
· Boon Heong Ng / CEO, Temasek Foundation, Singapore
· Frank Thomas Piller / Professor of Management, RWTH Aachen University, Germany
· Kazuyuki Motohashi / Professor, University of Tokyo, Japan
· Wim Vanhaverbeke / Professor, University of Antwerp, Belgium
· Joon Mo Ahn / Associate Professor, Korea University
· [Moderator] Myung Ja Kim / Former Minister of Environment, Korea
[Parallel Session: A Roundtable with Science and Technology Experts]
The advent of two great external factors, digital transformation and the COVID-19 pandemic, have caused technological innovation to evolve in different ways. Beyond technological convergence, as the industries merge into one, the role of traditional innovators such as universities, research institutes, and companies, are changing. Instead, a new innovation ecosystem is being created where finance and individual entities become agents of change. In this session, we intend to broadly discuss the direction of reorganization and development of Korea's innovation system in the midst of such a change.
· HAN Min Koo / President, The Korean Academy of Science and Technology
· Joon Mo Ahn / Associate Professor, Korea University
· Park, Byeongwon / Research Fellow, Science and Technology Policy Institute (STPI)
· MOON Hai Joo / Secretary General, Korean Federation of Science & Technology Societies (KOFST)
· Chang Whan MA / Executive Deputy Chairman, Korea Industrial Technology Association (KOITA)
· Lee Kyoung jun / Professor, Kyung Hee University
· So Young Kim / Professor, Graduate School of Science and Technology Policy, KAIST
· Lee Kyong-jae / Policy Commissioner, Korea Institute of Science and Technology Evaluation and
Recently, a number of countries have announced their targets to achieve carbon neutrality by 2050 to reach the goals of the Paris Agreement. Limiting global warming to 1.5 or 2 degrees Celsius, above pre-industrial levels, brings attention to how the global economy can shift its energy systems from fossil-fuel-based systems to non-fossil-fuel-based systems. Moreover, a rapid digital transformation and the increasing penetration of electric vehicles in the transportation sector leads to the increase of electricity demand in the energy sector. This forum discusses effective global energy transformation towards non-fossil-fuel-based energy systems. Beyond the transformation in the energy sector, it is necessary to bring a wide range of stakeholders, including governments, the private sector, and international organizations, and discuss how developed and developing countries can make a joint effort to achieve 2050 Carbon Neutrality targets.
· Nebojsa Nakicenovic / Chief Scientific Advisor, European Commission
· Andrew Steer / President and CEO, Bezos Earth Fund, USA
· Shobhakar Dhakal / Vice President, Academic Affairs, Asian Institute of Technology, Thailand
· Jerome Foster II / Member, White House Environmental Justice Advisory Council, USA
· Tae Yong Jung / Professor, Graduate School of International Studies of Yonsei University
· Woochong Um / Managing Director General, Asian Development Bank, The Philippines
[Parallel Session: A Roundtable with Korea Energy Strategy Experts]
Recently, many countries, including Korea, are aiming for carbon neutrality by 2050, as per the Paris Agreement. Efforts to keep the global temperature from rising below 1.5 or 2 degrees Celsius, ultimately lead to the question of how the global economy will transition from the fossil fuel-centered energy system to non-fossil fuel sources.
In addition, the demand for electrification is at an all time high due to rapidly progressing digital transformation and the increase in production of electric vehicles. Against this backdrop, we will discuss how the Korean economy, which relies on fossil fuels for 80% of its energy, will achieve effective energy conversion based on non-fossil fuel sources.
· Kim Yong-gun / Senior Research Fellow, Environmental Research Institute (IPCC lead author)
· SukWoo Nam / Principal Research Engineer, KIST
· Jeong Seon-jin / Deputy Manager of KEPCO KPS
· Choi Hyo-Jeong / Student, Kangwon National University
· Kang Sung-jin / Professor, Korea University
There is a growing consensus that our next generation must develop the capacity to respond to global challenges such as climate change and economic inequality through revolutionary changes in education.
In order to bring about fundamental change to the mass produced, outdated and ineffective education model, High Touch High Tech (HTHT) learning, which incorporates cutting-edge technology such as AI, coupled with amplified focus on student-teacher connection, should be explored further.
For this purpose, HTHT 2021, which was hosted by TV Chosun and Education Commission Asia this year with 120 global experts invited, caused a ripple effect internally and externally. Furthering the discussion from HTHT 2021, this session will focus on consolidating efforts in the hopes of building a HTHT global consortium.
· Jozef Ritzen / Former Minister of Education, Culture, and Science, The Netherlands
· Nguyễn Quý Thanh / Rector of VNU University of Education
· Maria Spies / Co-CEO and Co-Founder, HolonIQ, USA
· Avi Warshavsky / Founder and CEO, MindCET, Israel
· Ju-Ho Lee / Former Minister of Education, Science and Technology, Korea
· Sungsup Ra / Director and Chair, Education Sector Group, Asian Development Bank, The Philippines
· Sohee Shin / CEO, Education Commission Asia, Korea
· [Moderator] Ku-Hyun Jung / Former President, Samsung Economic Research Institute
[Parallel Session: A Roundtable with University Chancellors]
With university presidents representing Korea's academia gathered in one place, visions for the future of Korea are discussed and shared with the global audience.
Additionally, presidents will discuss the role of universities in Korea as hubs of innovative ecosystems that can nurture future leaders capable of grappling with global challenges. Assessing the status of universities and the challenges they face in serving that role, as well as strategies to overcome these conundrums will be discussed.
· Doh-yeon Kim / Chairperson, Ulsan Educational Foundation
· Se-Jung Oh / President, Seoul National University
· Dong-Ryeol Shin / President, Sungkyunkwan University
· Hyungju Park / President, Ajou University
· Eun Mee Kim / President, Ewha Womans University, Korea
· Woo Tong Ki / President, Daegu Catholic University
· Jin Hyung Kim / President, Incheon JEI University
Innovation and new technologies are expediting digital transformation and automation, giving rise to a new set of jobs and new forms of employment as well as displacing the conventional jobs. This new work environment requires reskilling and upskilling of workers across the board and can prove to be harsh on the low-skilled, unskilled and the vulnerable. While those highly skilled are rewarded with more and better benefits, the vulnerable are bearing the brunt of the widening inequities and income gap.
The COVID-19 pandemic is spurring the trend, undermining social cohesion and stability, thus calling for adequate social welfare for those left behind, including reskilling and upskilling. Government alone cannot tackle the jobs and social welfare adjustment; it need be done in close collaboration with labor and employers. It inevitably involves the legislature for enactment and revision of relevant laws. A successful labor reform requires an adequate social welfare reform as in the case of the Germany’s Hartz Labor Reform.
· Esko Aho / Former Prime Minister, Finland
· Daniel Hamermesh / Distinguished Scholar, Barnard College
· KIM Tai Ki / Professor, Dankook University
· Heungjun Jung / Professor, Seoul National University of Science and Technology
· Young-Kee Kim / Former CEO of Korea Industrial Safety Association
· CHOI Young Ki / Former president of Korea Labor Institute (KLI)
· Ji-Soon Park / Dean of Graduate School of Labor Studies, Korea University
· [Moderator] Kim Dae-hwan / Former Minister of Labor, Korea
[Parallel Session: Welfare and Finance Reform Roundtable]
Reduction of transaction costs through digital technology has enabled aggressive outsourcing and platform profitability, resulting in an increase in externalization of employment. Mechanization of production has altered and reduced traditional jobs. Additionally, the COVID-19 pandemic has severely impacted the self-employed and vulnerable while boosting the digital economy.
In this time of great transition, what should employment and social welfare look like? How can we increase the competitiveness of the national economy while creating a sustainable cycle of employment and welfare? What form should the labor-management relations take? What can we learn from a country that balances economic growth and welfare?
· WOO Cheon Sik / Visiting Senior Fellow, Korea Development Institute (KDI)
· Jai-Joon Hur / Senior Research Fellow, Employment Policy Research Division, Korea Labor Institute
· YANG, Jae-jin / Professor, Yonsei University
· Yeong Soon KIM / Professor, Seoul National University of Science and Technology
· Park Hyung Soo / Former Director, Korea National Statistics Office
· Byung Mok Jeon / Senior Fellow, Korea Institute of Public Finance (KIPF)
· CHEON Byung You / Professor, Hanshin University
In recent years, Korea’s rich culture from BTS to Squid Game and cutting-edge technology are receiving global recognition. Inviting experts from global leading think tanks to share their insights, this session discusses ways for South Korea to find solutions to global challenges that threaten humanity, from climate change to income inequality, to become an influential smart power that leads global innovation in the future.
We are at a time where creative and inclusive policy design and implementation is required more than ever to resolve challenges from the pandemic, climate change, and inequality. On a more granular level, this session aims to discuss the K-Policy Platform, established in response to these demands, and its role moving forward to effectively combat the aforementioned challenges. On a global scale, this session brings together leading think tanks around the world to discuss the innovative work being done as well as to envision ways to bring about collective change.
· Nancy Birdsall / President Emeritus and a Senior Fellow, Center for Global Development
· Homi Kharas / Senior Fellow, Brookings Institution, USA
· Randall Jones / Former Head of the Japan · Korea Desk at the OECD
· Aniceto Orbeta / President, Philippine Institute for Development Studies (PIDS)
· Robert D. Atkinson / President, Information Technology and Innovation Foundation, USA
· Gordon Flake / Founding Chief Executive Officer, Perth USAsia Centre, Australia
· Park Jin / Professor, KDI School of Public Policy & Management
· [Moderator] Ju-Ho Lee / Chairman, K-Policy Platform