Sustaining Growth In Korea By Reforming The Labour Market And Improving The Education System
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Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 156 |
Release | : 2008-12-17 |
Genre | : |
ISBN | : 9264057498 |
This 2008 edition of OECD's periodic review of Korea's economy looks at key challenges including reforming the tax system, boosting productivity in the services sector, and sustaining growth by reforming labour markets and improving education.
Author | : Ju-Ho Lee |
Publisher | : Edward Elgar Publishing |
Total Pages | : 431 |
Release | : |
Genre | : Economic development |
ISBN | : 1786436973 |
During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.
Author | : Yangkyoon Byeon |
Publisher | : International Monetary Fund |
Total Pages | : 41 |
Release | : 2017-11-20 |
Genre | : Business & Economics |
ISBN | : 1484329937 |
Korea is facing mounting economic challenges. Productivity growth has been on a trend decline amid demographic headwinds, while the societal demand for inclusive growth has been on a steep rise. Furthermore, the government-led unbalanced growth model—which served Korea well in the past—has become less effective and politically palatable in recent years. As such, Korea needs a major paradigm shift to embark on a new sustainable and inclusive growth path. But policy response has been modest at best with no major reforms being implemented over the past two decades. We propose a paradigm shift in Korea’s economic framework, involving a simultaneous big push for greater economic freedom and stronger social protection within the parameters set by long-run fiscal sustainability. We also provide a detailed account of structural reforms to boost economic freedom and sustainable funding plans for stronger social protection.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 250 |
Release | : 2013-03-14 |
Genre | : |
ISBN | : 9264188940 |
This report suggests policy options, based on the practices and reforms of other countries, in the following four areas: I) Income Distribution and Poverty; II) Tackling the Duality of the Labour Market; III) Early Childcare; and IV) Moving beyond Hospitals to better Care in the Community.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 160 |
Release | : 2018-06-20 |
Genre | : |
ISBN | : 9264300821 |
Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 150 |
Release | : 2012-04-26 |
Genre | : |
ISBN | : 9264127844 |
OECD's 2012 Economic Survey of Korea examines recent economic developments, policies and prospects. In addition, it includes special chapters covering sustaining convergence to the highest-income countries and promoting social cohesion.
Author | : O. Yul Kwon |
Publisher | : Edward Elgar Publishing |
Total Pages | : 505 |
Release | : 2019 |
Genre | : Business & Economics |
ISBN | : 1784719609 |
In just one generation, South Korea has transformed from a recipient of foreign aid to a member of the G20. In this informative book, South Korea is used as a case by which to explore and illustrate specific issues arising from the complex relationships between the nation’s economic development and society. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 177 |
Release | : 2005-11-29 |
Genre | : |
ISBN | : 926401439X |
This 2005 Economic Survey of Korea's economy examines key challenges in Korea's shift to a more market-oriented and open economy. In particular, it covers public sector decentralisation, innovation and the education system, enhancing flexibility and ...
Author | : Ravi Kanbur |
Publisher | : Routledge |
Total Pages | : 437 |
Release | : 2014-02-24 |
Genre | : Business & Economics |
ISBN | : 1134670206 |
Asia’s rapid economic growth has led to a significant reduction in extreme poverty, but accompanied by rising inequality. This book deals with three questions: What have been the trends of inequality in Asia and the Pacific? What are the key drivers of rising inequality in the region? How should Asian countries respond to the rising inequality? Technological change, globalization, and market-oriented reform have been the key drivers of Asia’s remarkable growth and poverty reduction, but they have also had significant distribution consequences. These three drivers of growth cannot be hindered because they are the sources of productivity improvement and betterment of quality of life. This book will be useful to those interested in policy options that could be deployed by Asian countries in confronting rising inequality.
Author | : Catharina A.J. Womack |
Publisher | : AOSIS |
Total Pages | : 446 |
Release | : 2020-12-31 |
Genre | : Law |
ISBN | : 1928523536 |
This scholarly book focuses on the issue of high unemployment and the challenges related thereto in South Africa. It demonstrates the urgent need for research into the contribution of job creation to poverty alleviation and economic growth. This research is relevant from a legal, economic and social sciences point of view. The main thesis of the book is to explore the influence of labour legislation on job creation. It investigates sustainability regarding employment relationships through the lens of the two primary participants: business and organised labour. This book adds value to the social justice context from both a societal and business point of view. It provides business and unionised labour a voice from which the influence of labour legislation on job creation and job sustainability can be addressed.