Analysis of the Organizational Structure Governing Development Planning in South Korea: A Case Study of Ministry of Economy & Finance and Lessons for Potential Application in Egypt

Document Type : Original Article

Author

Department of Public Administration, Faculty of Economics & Political Sciences, Cairo University, Egypt

Abstract

The general focus of this research was to conduct an institutional structural analysis of a public organization responsible for preparing developmental planning, using the case of South Korea. The study specifically looks at the Ministry of Economy and Finance. It starts by looking at the history of the ministry's roles and functions, as well as the factors that went into making the state's balanced development policies. The study then applied SWOT analysis to assess the strengths, weaknesses, opportunities, and threats within the Korean planning context. The findings led to several conclusions and lessons learned that could be applied to the Egyptian context to enhance the current performance of the Ministry of Planning, Economic Development, and International Cooperation. To support the study's overall objective, the author employed both structural-functional and case study approaches. Finally, the study came to some conclusions about the Korean case. It emphasized how important it is for the Ministry of Finance and the Ministry of Planning to work together as one institution and for the balanced development strategy framework to be strengthened. The study also gave Egypt some suggestions, such as combining the Ministries of Finance and Planning, bringing back regional planning committees to ensure that development is spread evenly, and improving governance in strategic planning frameworks by including local experts and new points of view from society.

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