Korean government set a goal of economic polices to establish economic basis enabling an annual GDP growth rate of 7%. In order to accomplish the goal, the administration suggests new economic policies improving business environments. As 18th National Assembly starts, it is important to carry out in-depth researches on critical issues. Therefore, NABO is producing Analysis on Major Economic Policies in the First Half of 2008 analyzing important issues: Current Conditions of Foreign Currency Equalization Fund and Its Implications, the Effects of Productivity Growth in Service Industry on Employment, Evaluation on Establishment of North Eastern Asia Financial Herb.