Korean government distributes AVPs free of charge in Africa, sometimes in the form of foreign aid with the aim of creating a market in the long run.
Korean government distributes Audio Visual Products (AVP)’s free of charge in Africa, sometimes in the form of foreign aid with the aim of creating a market in the long run.
Korea adopted the ‘granted developmentalism’ policy, which refers to an aggressive form of developmentalism using donations or free goods with the aim of creating a market for Korean manufactured products in the long run.
The government reclassified the film industry from a service to a manufacturing sector, enabling the industry to gain better access to public funding and bank loans.
Korean AVPs are provided without charge as part of public diplomacy or foreign aid.
A significant portion of Korea’s subsidies goes to infrastructures, such as distribution channels and a skilled workforce, for the development of the industry, and ultimately the national economy.
GFC could engage the DTIC on making the change to the current subsidies. A significant portion of SA’s subsidies should go to infrastructures, such as distribution channels and a skilled workforce, for the development of the industry, and ultimately the national economy.
This move will improve the local skills set.
