The Republic of Korea’s development trajectory is a unique example of digital innovation accelerating prosperity. In just a few decades, Korea transitioned from a low-income to a high-income nation. This remarkable growth offers valuable lessons for emerging economies and developing countries. Korea’s success story serves as a model for countries seeking to replicate its achievements.
The Government of Korea and the World Bank Group are establishing a joint Digital Knowledge Center. This initiative aims to share Korea’s expertise in digital transformation with countries worldwide. The partnership seeks to bridge the digital divide, particularly in low-income countries. By sharing knowledge and capabilities, Korea and the World Bank Group can support global digital development.
