Measuring the Effectivity of South Korea’s COVID-19 Policy Responses

This research paper measured the efficiency rate of South Korea‟s COVID-19 policies. It is imperative to measure the effectiveness of the government‟s pandemic response policies as it is important to understand if the promulgated responses can cushion the economy from the impact of the pandemic. This paper argues that South Korea‟s COVID-19 policies were efficient at the beginning but ended up being inefficient. To determine this information, the paper used data of efficiency rate (Et) and stringency index (OxCGRT). The efficiency of South Korea‟s COVID-19 policies was found by using the efficiency rate (Et) after the implementation of each social distancing policy. The value Et was found using the formula that used the number of COVID-19 cases on each policy. If the efficiency rate (Et) is over 1, it means the policy is inefficient. If the number is close to 0, then it is efficient.