High-End Symposium on Northeast Asia International and Regional Studies-"National Tax Revenue and Hot Topics of Fiscal Soundness in Korea" Successfully Held
A lecture on "National Tax Revenue and Hot Topics of Fiscal Soundness in Korea" of the High-End Symposium on Northeast Asia International and Regional Studies was successfully held at Jilin University on November 30th, 2022. The lecture was jointly organized by the Northeast Asian Research Center of Jilin University, the Northeast Asian Studies College of Jilin University and the Special Committee for Northeast Asian Regional Studies, Academic Association for International Cultural Exchange. The Northeast Asian Studies College of Jilin University invited Dr. PARK Jung Hwan, a researcher from the Budget Office of the National Assembly of Korea, to deliver the lecture. Associate Professor Xuan Chunji of the Northeast Asian Studies College of Jilin University hosted the lecture.
Dr. Park Jung Hwan is a researcher at the Budget Office of the National Assembly of Korea, which is an important institution for researching, analyzing and evaluating matters related to the national budget, funds and financial operations of Korea, and for supporting legislative activities. He is mainly responsible for fiscal forecasting and projection in Korea.
Dr. Park first introduced the importance of tax forecasting in the Korean government's preparation of the annual budget, followed by a detailed analysis of the budget forecast errors for Korea in 2021 and the consequences of budget errors, which lead to inefficient government fiscal spending and have a significant impact on the Korean economy and politics. Finally, Dr. Park introduced the Korean tax system, analyzed the reasons for the tax forecasting errors of the Korean National Assembly, and gave a detailed introduction of the consequences.
During the question and answer session, all the students who attended the lecture spoke and asked questions. Professor Park was very responsive and had an active discussion with the faculty and students, and the atmosphere was lively. At the end of the event, Associate Professor Xuan Chunji said that Professor Park's lecture and his research on the topic were of great value, which helped the students and faculty of the Northeast Asian Studies College of Jilin University to clarify their research ideas and discover new research perspectives.
