Research Report
Ⅰ. Background and Purpose
□ Background of this study
○ To enhance national competitiveness by improvement of legislative system
○ To offer a far-sighted policy of national competitiveness and improvement of national legislative system by confirming the concept of ‘true national competitiveness’
□ Purpose of this study
○ This paper will support national competitiveness by legislative system and seek ways to improve true national competitiveness by confirming its concept
Ⅱ. Main Summary
□ Introduction of GNP and GDP as the elements of the early national competitiveness
□ Confirmation of the concept of ‘true national competitiveness’
○ Past studies of national competitiveness mostly have been misconceived as ranking of good condition of doing business
- For developed countries, solid infrastructure has become an unshakable ‘deep-rooted tree’ and it was worth focusing on superficial ranking of good condition of doing business
- For true national competitiveness, every developed East Asian country ironically has shown vulnerability opposed to its splendid economic development
- A small incident can cause serious crises, since food supply depended on major grain companies under the low food self-sufficiency, resource supply depended on a transport route along the Strait of Malacca in the face of scare resources and the rate of dependence on imports was too high
- Korea has a overly high level of dependence on exports and is not necessary for its trading partners to handle their items unlike other developed countries
○ Michael Porter - a scholar, founder of the concept of national competitiveness
- In the chapter of 「Agenda on Korea」of his famous book, he suggests relaxation of economic concentration, protection for small and medium companies, depreciation of the dollar and strict anti-trust policy for plutocracy control
- His So-called ‘Diamond Theory’ is beyond common sense that he is an enterprise-oriented scholar
□ Presentation of plans for improving legislative system
○ Among author's underlined particulars, for the low food self-sufficiency, food fundamental law has to be legislated to improve food supply stabilization
○ Among author's underlined particulars, for supply and demand of energy resources, at least basic subjects of supply and demand and energy security should be added by the fundamental law
○ A deion of improvement direction of competition law and financial law (focusing on Michael Porter's 「Agenda on Korea」)
Ⅲ. Expected Outcome
□ The spread of the term 'true national competitiveness' and suggestions for it may support the improvement of legislative system
○ This paper may offer legislative data for fundamental law of supply and demand of food resources and energy resources
○ This paper may be used as legislative data by other Government departments for policy establishment and law institution improvement