Science ministry, OECD to hold videoconference to promote tech cooperation

SEOUL, Sept. 20 (Yonhap) — South Korea’s Ministry of Science and ICT said Sunday it will hold a joint videoconference with the Organization for Economic Cooperation and Development (OECD) to forge closer ties in key technology sectors.

Officials from the ministry and the OECD will exchange views on the upcoming post-coronavirus digital era, and how to handle advances in neurotechnology innovations in the online workshop, which runs from Monday through Thursday.

“International cooperation in the digital tech realm will be a key issue once the pandemic crisis is resolved, along with potential changes to the trading environment and governance of new technologies,” the ministry said. It said promotion of a fair trading system, protection of intellectual property and updating various industry standards will be discussed.

In the area of neurotechnology, Seoul and the Paris-based organization will deliberate on the ethical, social and economic agendas, which can cover areas such as

Read More

Skills lost due to COVID school closures will hit output for generations: OECD

FILE PHOTO: A child marches down Court St to protest the opening of schools following the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of New York City, New York, U.S., September 1, 2020. REUTERS/Carlo Allegri

PARIS (Reuters) – Disruption to schooling stemming from the COVID-19 epidemic will cause a skill loss that could result in a 1.5% drop in global economic output for the rest of this century, the Organisation for Economic Cooperation and Development estimated.

For the United States, that will represent an economic loss of $15.3 trillion, the OECD said in a report published on Tuesday, with the bill rising higher still if disruption to education extends into the next academic year.

“Learning loss will lead to skill loss, and the skills people have relate to their productivity,” the report said, explaining the forecast drop in global GDP.

Governments around the world closed schools to

Read More