Global economic prospects have darkened. Financing conditions have tightened, industrial production has moderated, and trade tensions remain elevated. The recovery in emerging market and developing economies has stalled, and some countries have experienced significant financial stress. Downside...

As an input to Korea's efforts to revise the country's development strategy, the OECD and the World Bank have prepared a joint review of the challenges confronting Korea in its transition to a knowledge-based economy. The report proposes a four-pronged framework which will empower Korea to...