Green Growth and Digitalization of the Economy: CJ Group as a Paradigm of Sustainable Development À la Korean

Authors

  • Bernardita María González Lustig Universidad Central de Chile https://orcid.org/0000-0002-5162-5049
  • Rodrigo Enrique Véliz Portuguez Universidad Central de Chile
  • Arlette Reyes Benz Universidad Central de Chile

DOI:

https://doi.org/10.32870/mycp.v11i32.792

Keywords:

Korean New Deal, sustainable development, green growth, digitization, South Korea

Abstract

In mid-2020, South Korea launched the New Deal policy, which seeks to position the country as a leader in matters of green growth and digitization of the economy along with facing the negative social consequences of the Covid-19 pandemic. This public policy projected in five years resembles the five-year plans, where the State defined the course that the conglomerates of South Korean companies (chaebol) should take in the economy. This research is of a documentary type and reviews various bibliographic sources, including media analysis. Through a mixed approach of descriptive scope and case study method, we focus on the phenomenon of sustainable development in South Korea applied to CJ chaebol. The aim is to analyze the implications of the K-New Deal in green growth and digitization of the economy. We conclude that the K-New Deal can be a role model in the context of the digital economy in the post-Covid-19 era.

Downloads

Download data is not yet available.

Author Biographies

Bernardita María González Lustig, Universidad Central de Chile

Magíster en Derecho Internacional, Universidad de Chile/Heidelberg Universität. Abogada, Licenciada en Ciencias Jurídicas y Sociales, Universidad de Chile. Actualmente es estudiante tesista del Magíster en Estudios Coreanos y Doctoranda en Derecho de la Universidad Central de Chile

Rodrigo Enrique Véliz Portuguez, Universidad Central de Chile

Magíster en Dirección y Administración de Empresas, Universidad Rey Juan Carlos de España e Ingeniero Civil Industrial y Licenciado en Ciencias de la Ingeniería de la Universidad Central de Chile. Actualmente es estudiante tesista del Magíster en Estudios Coreanos de la Universidad Central de Chile. 

Arlette Reyes Benz, Universidad Central de Chile

Magíster en Educación con mención en Pedagogía y Gestión Universitaria, Universidad Metropolitana de Ciencias de la Educación. Master in Human Rights, Friedrich-Alexander Universität Erlangen-Nürnberg. Abogada, Licenciada en Ciencias Jurídicas y Sociales, Universidad de Chile. Actualmente es estudiante del Magíster en Estudios Coreanos de la Universidad Central de Chile.

References

Bavoleo, B. I. (2020). TIC y gobierno electrónico. Cooperación entre Corea del Sur y América del Sur. PORTES, Revista mexicana de estudios sobre la Cuenca del Pacífico, 14(28), 125-144.

BP. (2021). BP Statistical Review of World Energy 2021. Consultado el 3 de marzo de 2022, https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats- review-2021-full-report.pdf

CEPAL. (2020, septiembre 24). América Latina yel Caribe: la transformacióndigi- tal es clave paraacelerar la recuperación y garantizar una mejor reconstrucción, según un nuevo informe. Consultado el 22 de junio de 2021. https://www. cepal.org/es/comunicados/america-latina-caribe-la-transformacion- digital-es-clave-acelerar-la-recuperacion

Chung, J. (2020, marzo 25). South Korea firstquarter thermal coal imports set for 10-year low on anti-pollution measures. Reuters. Consultado el 3 de marzo de 2022. https://www.reuters.com/article/us-southkorea-coal-power/ south-korea-first-quarter-thermal-coal-imports-set-for-10-year-low-on- anti-pollution-measures-idUKKBN21D0AR?edition-redirect=uk

CJ Group. (2020). CJ History, CJ Affiliates. Consultado el 20 de marzo de 2021. https://english.cj.net/cj_introduction/origin/origin.asp

CJ Group. (2021a). launches ‘Sustainability Committee’. Consultado el 20 de junio 2021. https://english.cj.net/cj_now/view.asp?bs_ seq=14695&schBsTp=1&schTxt=

CJ Group. (2021b, mayo 28). CJ OliveNetworks is set to build a smart unmanned logistics center for pharmaceuticals. Consultado el 10 de junio de 2021. https://english.cj.net/cj_now/view.asp?bs_seq=14717&callTp=list&pg

=1&schPgSize=20&schBsTp=1&schFld=ttl&schTxt=

CJ Logistics. (s.f.). TES Innovation Center. Consultado el 30 de junio de 2021. https://www.cjlogistics.com/en/tes/innovation-center

CJ Logistics. (2019). CJ Logistics Sustainability Report 2018-2019. Consultado el 22 de junio de 2021.https://www.cjlogistics.com/en/sustainablity/ report#none

CJ Logistics. (2020a, agosto 6). CJ Logistics America named as ‘Green Supply Chain Partner’. Consultado el 30 de junio 2021. https://www.cjlogistics. com/en/newsroom/news/NR_00000674

CJ Logistics. (2020b, octubre 29). CJ Logistics to be included in the excellent group recognized by UN Sustainable Development Goals Business Index for 2 consecutive years. Consultado el 20 de junio 2021. https://www.cjlogistics. com/en/newsroom/news/NR_00000712

CJ Logistics. (2021). CJ Sustainability Report 2019-2020. Consultado el 22 de junio de 2021. https://www.cjlogistics.com/en/sustainablity/report#none

CJ Logistics Business. (2020, octubre 27). CJ Logistics ‘The Global SCM Inno- vator’ presents the latest news and various stories. Consultado el 10 de julio 2021. https://www.cjlogistics.com/en/newsroom/latest

CJ Logistics Business. (2021, junio 29). Advancing the Last Mile, a Keyto Logistics Competitiveness in the Era of the New Normal. Consultado el 10 de julio 2021. https://www.cjlogistics.com/en/newsroom/latest/LT_00000229

CJ Logistics Trending. (2021, mayo 17). CJ Logistics’ Trending Hashtag #Live- Commerce. Consultado el 10 de julio 2021. https://www.cjlogistics.com/ en/newsroom/latest/LT_00000209

Deutsche Welle. (2021, julio 11). La inteligencia artificial ayudó a salvar vidas durante la pandemia. T13. https://www.t13.cl/noticia/tendencias/la- inteligencia-artificial-ayudo-salvar-vidas-pandemia-11-07-2021

Elfving-Hwang, J. (2013). South Korean Cultural Diplomacy and Brokering ‘K-Culture’ outside Asia. Korean Histories, 4(1), 14-26.

European Commission. (2020, enero 14). The European Green Deal Inves- tment Plan and Just Transition Mechanism explained. Consultado el 20 de junio 2021. https://ec.europa.eu/commission/presscorner/detail/en/ qanda_20_24

European Commission. (2021, marzo 19). Companies take action to support the green and digital transformation of the EU. Consultado el 20 de junio 2021. https://digital-strategy.ec.europa.eu/en/news/companies-take- action-support-green-and-digital-transformation-eu

Fondo Monetario Internacional. (2021). Perspectivas de la Economía Mundial. Manejar recuperaciones divergentes. International Monetary Fund. https:// www.imf.org/-/media/Files/Publications/WEO/2021/April/Spanish/ text.ashx

Global Green Growth Institute. (2015). Korea’s Green Growth Experience: Process, Outcomes and Lessons Learned. https://gggi.org/site/assets/uploads/2017/11/2016-01-Koreas-Green-Growth-Experience-Pro-cess-Outcomes-and-Lessons-Learned.pdf

Gramkow, C. (2020). Green fiscal policies: An armoury of instruments to recover growth sustainably (Studies and Perspectives series?ECLAC Office in Bra- silia, No. 5, LC/TS.2020/24, LC/BRS/TS.2019/7). Economic Commission for Latin America and the Caribbean (ECLAC).

Hwang, I., & Seo J-H. (2000). Corporate Governance and Chaebol Reform in Korea. Seoul Journal of Economics, 13(3), 361-389. http://www.sje.ac.kr/

Jones, R. S. (2021, julio 13). The Korean New Deal. Korea Economic Institute (KEI). https://keia.org/the-peninsula/the-korean-new-deal/

Kim, H. (2010). Business Groups in South Korea. En A. M. Colpan, T. Hiki- no & J. R. Lincoln (Eds.), The Oxford Handbook of Business Groups (pp. 157-179). Oxford University Press. http://dx.doi.org/10.1093/oxford- hb/9780199552863.003.0006

Kim, J. (Ed.). (2014). Reading Asian Television Drama: Crossing Borders and Brea- king Boundaries. IB Tauris. http://dx.doi.org/ 10.5040/9780755697274

Kim, J., Ah-Reum An, J., Oh, S., Oh, J., & Lee, J. (2021). Emerging COVID-19 success story: South Korea learned the lessons of MERS. Exemplars in Global Health. https://www.exemplars.health/emerging-topics/epidemic- preparedness-and-response/covid-19/south-korea#author

Kim, T. Y., & Jin, D. Y. (2016). Cultural Policy in the Korean Wave: An Analysis of Cultural Diplomacy Embedded in Presidential Sspeeches. International Journal of Communication, 10, 5514-5534. https://ijoc.org/index.php/ ijoc/article/view/5128/1838

Kwon, D-Y. (2018, enero 17). CJ ???-CJ E&M ??, “??? ????

?? ?????”, [Fusión CJ O Shopping-CJ E&M, “para convertirse

en una plataforma global de comercio de medios”]. Bloter. http://www. bloter.net/archives/300477

Lee, J-H., & Woo J. (2020). Green New Deal Policy of South Korea: Policy Innovation for a Sustainability Transition. Sustainability, 12(23), 1-17. http://dx.doi.org/10.3390/su122310191

López Aymes, J. F. (2016, julio 25). Bases del desarrollo industrial en Corea del Sur: análisis de la política económica integral. Observatorio Virtual Asia-Pacífico. https://www.utadeo.edu.co/files/collections/documents/ field_attached_file/jf_lopez_aymes_bases_del_desarrollo_industrial_ en_corea_del_sur_-_ovap.pdf

Ministry of Economy and Finance. (2020a, Julio 28). Government Re- leases an English Booklet on the Korean New Deal [Comunicado de prensa]. https://english.moef.go.kr/pc/selectTbPressCenterDtl. do?boardCd=N0001&seq=4948#fn_more_list

Ministry of Economy and Finance. (2020b). The Korean New Deal: National Strategy for a Great Transformation. Government of the Republic of Korea. https://english.moef.go.kr/skin/doc.html?fn=Korean%20New%20Deal. pdf&rs=/result/upload/mini/2020/07/

Mulakala, A. (2021). “The Asian Century”: The Transformational Potential of Asian-Led Development Cooperation. En S. Chaturvedi, H. Janus, S. Klingebiel, X. Li, A. de Mello e Souza, E. Sidiropoulous & D. Wehrmann (Eds.), The Palgrave Handbook of Development Cooperation for Achieving the 2030 Agenda (pp. 519-541). Palgrave Macmillan, Cham. https://doi. org/10.1007/978-3-030-57938-8_24

Murillo, D., & Sung, Y. (2013). Entender el capitalismo coreano: Los chaebols y su gobernanza corporativa (ESADEgeo Position Paper 33). ESADEgeo. https://keeper.qsystems.co:8443/fileuploader/attachments/87487_ ORD_201309Chaebols_Murillo_Sung_ES.pdf

National Assembly of the Republic of Korea. (1987, octubre 29). Constitution of the Republic of Korea. https://korea.assembly.go.kr:447/res/low_01_read. jsp?boardid=1000000035

OECD. (2012). Green growth in action: Korea. Consultado el 30 de junio de 2021. https://www.oecd.org/korea/greengrowthinactionkorea.htm

OECD. (2020). Digital Transformation in the Ageof COVID-19: Building Resilien- ce and Bridging Divides. Digital Economy Outlook 2020 Supplement. OECD. www.oecd.org/digital/digital-economy-outlook-covid.pdf

ONU. (2015). Acuerdo de París de las Naciones Unidas. Consultado el 23 de junio 2021. https://unfccc.int/sites/default/files/spanish_paris_agreement.pdf

Ossewaarde, M., & Ossewaarde-Lowtoo, R. (2020). The EU’s Green Deal: A Third Alternative to Green Growth and Degrowth? Sustainability, 12(23),

-15. https://doi.org/10.3390/su12239825

P4G. (5 de febrero 2020). 2021 P4G Seoul Summit. Pioneering Green Partner- ships, investing in impact. Consultado el 26 de junio de 2021. https:// p4gpartnerships.org/news-events/2021-p4g-seoul-summit

Pérez, A. (2021). Green deals in a time of pandemics. The future will be contes- ted now (J. Craven Trad.). Icaria Editorial; Observatori del Deute en la Globalització; Libros en Acción. https://odg.cat/en/publication/green- deals-pandemics/

Rafiq, S., & Swiston A. (2021, abril 29). Mountains after Mountains: Korea is Containing COVID-19 and Looking Ahead. IMF Asia and Pacifc Department. https://www.imf.org/en/News/Articles/2021/04/29/na042921-moun- tains-after-mountains-korea-is-containing-covid-19-and-looking-ahead

Real Academia Española (s.f.). Diccionario de la Lengua Española (Edición del Tricentenario). Consultado el 14 de marzo de 2022. https://dle.rae.es/

Sanahuja, J. A. (2021). Pacto Verde Europeo: el giro ambiental de un actor global. En M. Mesa (Coord.), El mundo después de la pandemia: enfren- tar la desigualdad y proteger el planea. Anuario CEIPSAZ 2020-2021 (pp. 69-95). CEIPAZ. https://www.fundacioncarolina.es/wp-content/ uploads/2021/06/Capi%CC%81tulo-Pacto-Verde-Sanahuja.pdf

Schwab, K. (2016). La Cuarta Revolución Industrial. Editorial Debate.

Shin, S-C. (2009). Korea’s National Green Growth Strategy and Environmental Policy. Korea Environmental Policy Bulletin (KEPB), VII(1), 1-11. https:// wedocs.unep.org/bitstream/handle/20.500.11822/9042/-Korea%20 Environmental%20Policy%20Bulletin%20-%20Korea’s%20National%20 Green%20Growth%20Strategy%20and%20Environmental%20Policy- 2009Korea’s%20National%20Green%20Growth%20Strategy%20 and%20Environmental%20Policy_KEPB2009.pdf?sequence=3

Sikora, A. (2021). European Green Deal – legal and financial challenges of the climate change. ERA Forum, 21(4), 681–697. https://doi.org/10.1007/ s12027-020-00637-3

The Government of the Republic of Korea. (2020). 2050 Carbon Neutral Strate- gy of the Republic of Korea: towards a sustainable and green society. https:// unfccc.int/sites/default/files/resource/LTS1_RKorea.pdf

United Nations. (s.f.). United Nations Office for Sustainable Development (UNOSD). Consultado el 20 de junio 2021. https://sustainabledevelop- ment.un.org/about/unosd

Yonhap. (2021, junio 01). (AMPLIACIÓN) Dos productoras surcoreanas entran al mercado estadounidense mediante coproducción y adquisición. YONHAP. Consultado el 22 de junio de 2021. https://sp.yna.co.kr/view/ASP2021 0601004100883?section=culture-sports/index

Yoon, K. (2021). Discourse of the Post-COVID 19 New Deal in South Korea.

East Asia, 38(3), 373-388. https://doi.org/10.1007/s12140-021-09363-0

Published

2022-04-29 — Updated on 2022-12-16

Versions

How to Cite

González Lustig, B. M., Véliz Portuguez, R. E., & Reyes Benz, A. (2022). Green Growth and Digitalization of the Economy: CJ Group as a Paradigm of Sustainable Development À la Korean. México Y La Cuenca Del Pacífico, 11(32), 133-157. https://doi.org/10.32870/mycp.v11i32.792 (Original work published April 29, 2022)