В. Кучук В.

The current socio-economic situation in the North-Eastern Asia is closely related to overcoming the consequences of unprecedented shocks caused by the COVID-19 pandemic in the countries of the region. First of all, it determined the widespread practice of forming and implementing operational anti-crisis programs aimed at minimizing the risks of social development. At the same time taking place both on the nationally and globally level a significant change in the conditions of activity has caused the need to adjust strategic development projects, adapt and transform the used socio-economic models to the “new reality”. This process is especially important for the systemic economies of the region (Chinese, Japanese, South Korean), in which active institutional transformations are taking place, aimed at increasing the efficiency of economic development in the new conditions, strengthening the competitive positions of countries in the regional and world markets. The content the strategic institutional project «The Korean New Deal», developed in July 2020, and a comparative analysis of its main provisions with the social and economic government programs implemented in the Republic of Korea in the last decade are examined in the presented article.