<Anchor>

On Thursday, a friendly economy, reporter Kwon Aeri is out. Reporter Kwon, looking at the Corona 19 aspect. Of course, we have to live and see first, but the whole world is interlocked. The OECD has made several analyzes and suggestions?

<Reporter>

Yes. Each country learns what they are going to learn from each other, and they are asking for help, but the situation is different. The response method and the degree of crisis are also different.

The OECD has published several analyzes of individual member states.

In particular, no country, including us, can say at this stage. There is one thing I have decided on what to do when the world enters the corona19 recovery period.

That is, as Korea has been doing since the SARS in 2003, it is necessary to prepare ahead of time for the spread of possible infectious diseases.

Actually, there are several ways that other countries are saying, "Hey, that looks good, I want to do that."

I think you've heard a lot of interest in so-called drive-through clinics, but the OECD has also focused on this.

The OECD also noted other less prominent measures in Korea. In particular, measures that applied ICT technology, which Koreans have a global advantage, stand out from the report.

<Anchor>

Please explain more specifically what is attracting attention.

<Reporter>

It is a system that remotely manages self-isolated people as an app. Israel and Hong Kong pointed out that they are using a similar method, but this is an app used by self-isolators. It was developed by the Ministry of Public Administration and Security.

You can report electronically every day through this app without having to meet with your supervisor or deliberately make a call or something like that, whether you are in the current situation or how you are in your body today.

Location tracking is also available, but if you leave the designated area, the app will send an alarm to both you and your local government.

It is not obligatory to use this app because there are some people who are difficult to use smart apps freely. Public officials are also checking the status of people who have been quarantined over the phone.

However, if you are a self-isolated person who can use the app, you have developed a method so that you can significantly save the administrative power mobilized in relation to Corona 19.

This measure was introduced by a freelance journalist from Korea in a journal published by MIT University of the United States.

In fact, because it is one of the most prestigious magazines in the world that introduces and analyzes future technologies, it has been evaluated as meaningful in itself. It was mentioned separately in the OECD report.

<Anchor>

Let's listen to Korean compliments. Did you give a more detailed analysis of the impact of Corona 19 on the global economy?

<Reporter>

Yes. It was classified according to which industries would be greatly affected by measures such as contraction of activities due to corona19 and suspension of business. The biggest hit is the service industry we are talking about recently.

Of course, such as travel industry. I think the areas where consumers and businesses are in close contact are particularly vulnerable. Typical examples are beauty and real estate trading.

To deal with real estate, I visited the house with a broker, talked with them, and saw these steps as almost essential, so I classified them as the most serious sector.

The next things we commonly think of are retail, catering, and movie theaters. However, since these fields can be replaced online to some extent, the industry as a whole is expected to suffer less than the previous service industries.

In fact, there are some alternatives like online mall, delivery business, courier service, and internet TV. The industry, such as the construction industry, is the next and least likely sector to be the least hit. Of course, there are variables such as job closure measures, but it is analyzed as the least of the major industries. Anyway, in any economy, the initial effect of GDP reduction will be negative 15-25%.

In particular, it was analyzed that the damage of middle-income countries would be greater than that of developed and major emerging countries. The effect of shrinking gross domestic product GDP was between minus 20% and 25%. It is moderately located among OECD member countries.

The question is how long this shock lasts, but no one really knows exactly when the Corona 19 will end. In this report, it was left as unknown.