How Policy Is Building a Social Economy in South Korea
NonProfit Quarterly
MARCH 29, 2023
For example, Korean citizens mobilized to donate 227 tons of their personal gold items (with an estimated total value of $3 billion) to help pay off the debt. SEPA became the first “social economy” law in Asia to address traditional-market failures and bring social objectives into a broader range of government-supported economic enterprises.
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