NIA and Chung-Ang University co-invented the 'Future Readiness Index (FRI)' which evaluates how prepared countries are for the future.
According to this survey, North European countries such as Denmark, Finland and Sweden excel others at preparing for the future. They were ranked first, second and third respectively. Singapore is the only Asian country included in the top 10 nations while Korea took 23rd place out of 57 countries.
To increase competitiveness, Korea needs to possess key elements such as enhancing human resources and administration, becoming more open to other cultures, and enhancing communication.
FRI which was created by NIA is composed of four items: future search (education and information infrastructure), future activities (research and investment for the future), future performance (growth potential for the future and quality of life) and future evaluation (future-oriented leadership).
Kim Seang-tae, President of NIA said, "As a result, strengthening of preparation for the future is the primary policy to increase national competitiveness." He also stressed that Korea needs to take advantage of FRI by applying to public agencies and private companies while establishing a system to facilitate and prepare for the future.