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Korea Launch of the World Development Report 2016 : Digital Dividends
On March 18, 2016, STEPI and World Bank Korea Office jointly organized “Korea Launch of the 2016 World Development Report: Digital Dividends” at Sheraton Seoul D Cube City Hotel, in Seoul, Korea. The event successfully covered how digital technologies have brought greater prosperity to society and highlighted the challenges. The event also shared Korean experience of utilizing digital technologies to deliver greater developmental benefits, and greatly encouraged a fruitful discussion on the topics.

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Presented by Deepak Mishra, Lead Economist of World Bank, and Uwe Deichmann, Senior Urban Specialist of World Bank, Session 1 briefly but deeply covered the World Development Report (WDR) 2016: Digital Dividends by highlighting how aggregative impact of digital technology has not reached the expectation yet and the benefits from it have not been distributed equally. In addition, the session emphasized the importance of strengthening the analog foundation of the digital revolution to halt the expansion of inequality.

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The following session, presented by Sungho Lee, Research Fellow of STEPI, shared Korea’s experience of inclusive growth in digital economy and the digital dividends in developing countries. Moreover, the session analyzed the challenges of emerging new ICT paradigm. Lastly, the discussion and wrap up sessions successfully encouraged the fruitful discussion on both digital dividends as well as Korean case and brought active questions from the floor.

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