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Privatization and corporatization can reduce costs, raise productivity, and improve social welfare.
A cyber-attack could mean global economic losses of between $121 billion and $234 billion and insurance losses of between $27 billion and $40 billion.
The Republic of Korea provided vocational training for disabled people in addition to imposing a hiring quota for both public and private employers.
The Republic of Korea improved road safety for children through strict implementation of policies related to engineering, education, and enforcement.
A high poverty rate among older persons in the Republic of Korea calls for better pension services and welfare programs.
Soft skills, a growth mindset, mentorship, and internship can help current and future workers adapt to a rapidly changing workplace.
Knowledge of a startup’s technology, human resources, marketability, and growth potential lowers the risks of venture capital investments.
Seoul established a quasi-public bus system, restructured routes, created median lanes, built transfer centers, and integrated its fare system to improve service.
A “polluters pay” policy helps Seoul reduce household waste going to the landfill by 90% and waste generated by the city by 40%.
In Seoul, 90% of landfill-bound wastes were instead used to produce energy enough to heat 518,000 households.