2017/18 Knowledge Sharing Program with Paraguay Sharing Program 2017/18 Knowledge 2017/18 Knowledge Sharing Program with Paraguay: The Policy Consultation on Development of Industrial Park 2017/18 Knowledge Sharing Program with Paraguay 2017/18 Knowledge Sharing Program with Paraguay Project Title The Policy Consultation on Development of Industrial Park Prepared by Korea Development Institute (KDI) Supported by Ministry of Economy and Finance (MOEF), Republic of Korea Prepared for The Government of Paraguay In Cooperation with Ministry of Industry and Commerce (MIC), Paraguay Program Directors Youngsun Koh, Executive Director, Center for International Development (CID), KDI Kwangeon Sul, Visiting Professor, KDI School of Public Policy and Management, Former Executive Director, CID, KDI Project Manager Taihee Lee, Specialist, CID, KDI Project Officer Sujin Park, Senior Research Associate, Division of Policy Consultation, CID, KDI Senior Advisor Do Sung Na, Former Vice Administrator, Small and Medium Business Administration, Republic of Korea Principal Investigator Jangho Choi, Senior Researcher, Seoul Economic Institute Authors Chapter 1. Jangho Choi, Senior Researcher, Seoul Economic Institute Chapter 2. Chongin Lim, Specialist, Korea Industrial Complex Corporation Chapter 3. Hee Jin Yoo, Professor, Anyang University English Editor IVYFORCE Government Publications Registration Number 11-1051000-000833-01 ISBN 979-11-5932-319-5 94320 ISBN 979-11-5932-302-7 (set) Copyright ⓒ 2018 by Ministry of Economy and Finance, Republic of Korea Government Publications Registration Number 11-1051000-000833-01 2017/18 Knowledge Sharing Program with Paraguay: The Policy Consultation on Development of Industrial Park Preface Knowledge is a vital ingredient that determines a nation’s economic growth and social development. Its true value was brought to light by the advent of the knowledge economy and a key question policymakers now face, especially in developing countries, is how an environment can be established that encourages and facilitates the creation and dissemination of knowledge across the nation. This need has led many countries to engage themselves in active policy dialogue to share their development experiences and benefit from mutual learning. Korea’s development has also depended heavily on knowledge. Its remarkable transition from a predominantly agrarian economy to an industrialized country was made possible by its well- rounded and extensive understanding of technology, management, public policy, and other diverse issues acquired from domestic and foreign sources and through trial and error. Building on these rich experiences, the Korean Ministry of Economy and Finance (MOEF) launched the Knowledge Sharing Program (KSP) in 2004 to assist partner countries to improve their policymaking. KSP, as implemented by Korea Development Institute (KDI), focuses on providing solutions customized to each country’s economic, social and administrative settings, building capacity for effective policymaking and strengthening global networks for development cooperation. In 2017/18, KSP policy consultations were organized with 31 partner countries, with Mekong River Commission joining the partnership for the first time. The 2017/18 KSP with Paraguay was undertaken by the MOEF and the Ministry of Industry and Commerce (MIC) with the aim of “The Policy Consultation on Development of Industrial Park.” To that end, the KDI research team and the Paraguay counterpart made a range of collaborative efforts by exchanging development experiences, conducting joint studies and designing a policy action plan in line with the country’s development targets. With that, it is with great optimism for the future of Paraguay that the results of the 2017/18 KSP are presented. I firmly believe that KSP will serve as a stepping stone to further elevate the mutual learning and economic cooperation between the two countries and hope it will contribute to Paraguayan sustainable development in the future. I wish to convey my sincere gratitude to Senior Advisor Mr. Do Sung Na, Principal Investigator Dr. Jangho Choi as well as project consultants Dr. Chongin Lim and Prof. Hee Jin Yoo for their extensive contributions to the successful completion of the 2017/18 KSP with Paraguay. I am also grateful to Executive Director Dr. Youngsun Koh, Project Manager Mr. Taihee Lee, Project Officer Ms. Sujin Park and all members of the Center for International Development for their hard work and dedication. Lastly, I extend my warmest thanks to the MIC and related Paraguayan agencies for their active cooperation and great support.