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Inclusive Growth Review of Korea

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Release : 2021-02-08
Genre :
Kind : eBook
Book Rating : 917/5 ( reviews)

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Book Synopsis Inclusive Growth Review of Korea by : Oecd

Download or read book Inclusive Growth Review of Korea written by Oecd. This book was released on 2021-02-08. Available in PDF, EPUB and Kindle. Book excerpt:

Inclusive Growth Review of Korea Creating Opportunities for All

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Release : 2021-02-08
Genre :
Kind : eBook
Book Rating : 035/5 ( reviews)

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Book Synopsis Inclusive Growth Review of Korea Creating Opportunities for All by : OECD

Download or read book Inclusive Growth Review of Korea Creating Opportunities for All written by OECD. This book was released on 2021-02-08. Available in PDF, EPUB and Kindle. Book excerpt: In recent years Korea has stepped up efforts to reduce inequalities in recognition that a fairer economic model is also the most sustainable one. In order to support this new policy direction, the OECD has carried out novel analysis of inclusive growth building on its Framework for Policy Action, developed by the OECD to improve the prospects of the groups left behind.

Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal

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Release : 2017-11-17
Genre : Business & Economics
Kind : eBook
Book Rating : 390/5 ( reviews)

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Book Synopsis Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal by : Yangkyoon Byeon

Download or read book Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal written by Yangkyoon Byeon. This book was released on 2017-11-17. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Korea's Paradigm Shift for Sustainable and Inclusive Growth

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Author :
Release : 2017
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Korea's Paradigm Shift for Sustainable and Inclusive Growth by :

Download or read book Korea's Paradigm Shift for Sustainable and Inclusive Growth written by . This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: 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.

OECD Economic Surveys: Korea 2018

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Release : 2018-06-20
Genre :
Kind : eBook
Book Rating : 821/5 ( reviews)

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Book Synopsis OECD Economic Surveys: Korea 2018 by : OECD

Download or read book OECD Economic Surveys: Korea 2018 written by OECD. This book was released on 2018-06-20. Available in PDF, EPUB and Kindle. Book excerpt: 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 ...

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