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Overview

History

- Korean's state-led economic development strategy, begun in the 1960s, yielded impressive results. Recently however, the opinion is spreading that excessive government regulations are hindering the market from effectively allocating resources and lowering Korean's competitiveness. Also, in a period of accelerating globalization, government regulations have emerged as a major cause of trade frictions, making the need for regulatory reform even more urgent.
- With these considerations in mind, the Korean Government began regulatory reform in earnest in the 1990s. In 1993, about 6,000 regulations were reformed by the Administrative Reform Committee, and in 1997, nearly 100 reform projects were selected and begun by the Regulatory Reform Promotion Committee. However, these reform efforts were mostly limited to resolving simple and minor inconveniences such as reducing the number of required documents.
- To address these limitations in regulatory reform, the government passed the Basic Law on Regulatory Reform in 1998, formed the Regulatory Reform Committee (with two chairpersons: the Prime Minister and a civilian Chairman), and began to intensively review existing regulations and screen regulations to be introduced or strengthened.
- Since its inauguration on Apr. 16, 1998, the Regulatory Reform Committee has played a critical role in government regulatory reform including review of regulation legislation and policy related to regulatory reform, focusing on civilian professionals with profound knowledge and experience on various areas.

Purpose of establishment

- The Regulatory Reform Committee was established under the President to comprehensively enact regulatory reform tasks, including the discussion and adjustment of regulatory policy and the evaluation and reform of regulations. (Article 23 of Basic Law on Administrative Regulations, April 18, 1998)

Function

- Determining basic direction of regulatory policy and research/development of regulatory systems.
- Evaluating new regulations and those to be strengthened.
- Evaluating existing regulations, drafting and executing comprehensive regulatory reform plan.
- Registering and publicizing regulations.
- Gathering and considering opinions on regulatory reform.
- Inspecting and evaluating actual regulatory reform progress at each administrative level.

Composition

- The committee is composed of 22 members including the Prime Minister(chairman), a chairman from the private sector, 14 civilian committee members, and 6 government members.
Classification Name Position
Chairman - -
Civilian Committee Members
Kim Jongil Professor, Department of Economics, Dongguk University
Kang, KyungHee Editorial Writer, Chosun Ilbo
Kim Jin Kook president of the korea Society for Regulatory Studies
Park Daegeun Hanyang University professor of finance
Park Hyungsoo Korean tax chief of the Institute for Fiscal Studies research
Sung Jaeho Sungkyunkwan University law professor
LeeInsil Cheongun corporate offices of international patent
Han Sungok Senior researcher, Korea Institute of Energy Research
Jeon Euichan Professor, Dean of the Graduate School, Sejong University
Kim yeonhwa Korean Consumer Network
Kim Yongha Soonchunhyang University professor and the financial management, and IT
Park younghun Professor, Biotechnology, Hankuk University of Foreign Studies
Won Sookyeon Professor, Department of public administration, Ewha Womans University
Yoon Myoungo University of Seoul, professor Architecture
Choi Kangsik An economics professor at Yonsei University
Hong Sunggeol Administration of Kookmin ity professor
Government Committee Members Minister of Strategy and Finance
Minister of Trade, Industry and Energy
Minister of the Interior
Minister of Office for Government Policy Coordination
Chairman, Fair Trade Commission
Ministry of Public Safety and Security
Minister of Government Legislation
국무조정실