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2009/10/27 11:50 KST
S. Korean president calls for new development model for OECD countries

By Byun Duk-kun
SEOUL, Oct. 27 (Yonhap) -- South Korean President Lee Myung-bak urged world leaders Tuesday to develop a new growth model, saying the existing paradigm of economic development can no longer ensure people's happiness or help solve various problems facing the world.

   "There are active discussions taking place in many countries on ways to develop new means of gauging people's happiness," Lee said in his congratulatory remarks at the opening of an international forum hosted by the Organization for Economic Cooperation and Development (OECD).

"I, too, believe the development of a society must be measured by the happiness and quality of life of its individual members and agree with the need to develop such an indicator," he told the OECD Forum 2009 set to continue through Friday in Busan.

   Some 2,000 people from over 100 countries, including Slovenia's President Danilo Turk and the secretary-general of the OECD, Jose Angel Gurria, attended the forum.

   Lee and Turk were scheduled to hold talks in Busan following the opening ceremony, according to Lee's presidential office Cheong Wa Dae.

   The South Korean president said his country was actively working to help the international efforts to establish a new world order that will follow the end of the ongoing economic crisis.

   "Through the global economic crisis, we have seen the limits of the development paradigm based on economic growth. Fortunately, the world is fast overcoming the crisis due to the joint efforts of the G-20 economic summit that includes the world's advanced and developing economies," he said.

   South Korea will host the fifth meeting of the G-20 economic forum next year, which Lee said will mark the beginning of the forum's annual meetings.

   "With its own development experience, South Korea will continue to contribute to the efforts to develop a new development model that will help all nations to growth together," he said.

   The president also called for joint efforts to fight climate change, saying the issue will take the efforts of the entire world to solve.

   "There are many issues that must be resolved before the world can jointly develop in the 21st century. We are, in fact, doing all we can in our own places to find solutions. I hope this meeting here will be a place where we can share our own wisdom and experience to build a joint vision for the future," Lee said.