South Korea, coordination
Economic Planning Board, long-run industrial coordination
South Korea's Economic Planning Board operated from 1961 to 1994 as the government body responsible for economic development planning and budget planning before its functions moved through later finance ministries.
1,961 year, year the economic planning board was established, 1961. Ministry of Strategy and Finance, ministry history, retrieved 2026-08-30.
The move, and what it needed
Planning, budgeting and economic coordination were placed in one central institution, giving government a durable route to align public investment with industrial priorities and private-sector expansion.
Preconditions
- A centre of government with authority over development priorities and budgets
- Administrative capacity to turn plans into financing and implementation
- Firms able to respond to coordinated infrastructure, credit and export policy
Limits: The board's mandate and lifespan show a coordination architecture, not the independent contribution of planning to industrial outcomes or the distribution of its gains. A ministry history is an official account and is not a comparative evaluation.
This record describes what South Korea delivered. It is linked to Public-private collaboration because no comparable dataset measures that capability. It does not affect the score or confidence.
More from South Korea
2 other deliveries from this country.
Korea Internet and Security Agency, a consolidated digital authority
Korea established the Korea Internet and Security Agency in July 2009 by integrating three predecessor organisations, giving the country one public body for internet development, security and international information technology cooperation.
MyData, citizen-directed data portability
South Korea's MyData policy gives people a route to request and direct the transfer of personal data between services, with the Personal Information Protection Commission describing the scheme as a way to give people control over data portability after the March 2023 legal amendment.
The same gap elsewhere
3 deliveries linked to Public-private collaboration in other countries.
M-Pesa, and the regulator that let it run
Kenya's central bank let a phone company build a national payments system in 2007 and supervised it into ubiquity, and by June 2026 Kenya had 94.2 million registered mobile money accounts and 572,104 agents, in a population of about 55 million.
Dual-track vocational training
Switzerland runs most upper-secondary education through firms: of 218,259 students enrolled in vocational education and training in 2020, 90.6 percent, 197,782, were apprentices trained inside companies under federal law.
Itaipu Binacional, the treaty-built power system
Brazil and Paraguay built and operate Itaipu through a treaty-based binational entity, which reached 14,000 megawatts of installed capacity and has supplied both countries since the first unit entered operation in 1984.