Tackling COVID-19: Economic and Financial Measures of the Republic of Korea

The inaugural Policy Actions for COVID-19 Economic Recovery (PACER) Dialogue on “Tackling COVID-19: Economic and Financial Measures of the Republic of Korea (ROK)” featured the successful, multi-faceted policy responses ROK is employing to address the COVID-19 crisis. Over 40 government officials from Southeast Asia and the People’s Republic of China participated in the Dialogue, sharing knowledge and experience on monetary, fiscal and financial measures countries are taking to mitigate the pandemic’s impacts.

The inaugural session of the PACER Dialogues aimed to: 

  • Promote better understanding of various policy responses being utilized to address the economic and social components of the COVID-19 pandemic; 
  •  Highlight the experience of ROK in employing monetary, economic and fiscal policies to tackle COVID-19; and 
  • Provide a platform for policy makers to share knowledge and experience, and collaboratively learn from each other.​

Concept Note and Program 

PAPER - Tackling COVID-19 in the Republic of Korea

VIDEO - Tackling COVID-19 in the Republic of Korea

POLICY BRIEF - Policy Lessons from a Pandemic: The Korean Experience


PACER Dialogues Main Page


Program and Learning Materials: 

Session/Activity Presentation Material/s Speaker(s)
PACER Inaugural Dialogue Overview and Objectives Ramesh Subramaniam Director General, Southeast Asia Department, Asian Development Bank
Main Presentation

Republic of Korea's Policy Experience in Responding to COVID-19 
Presentation on the experience and lessons of the Republic of Korea in utilizing monetary, economic and fiscal policies in tackling COVID-19. 

Kwangchul Ji, Director of International Financial Institutions Division, Ministry of Economy and Finance, Republic of Korea
Open Discussion and Fielding of Questions Ramesh Subramaniam (Moderator)
Synthesis and Summary Ramesh Subramaniam, Director General, SERD, ADB