Download or read book Labor Market Developments and Reforms in Korea written by Ju Ho Lee and published by . This book was released on 1997 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Strategies for Reforming Korea s Labor Market to Foster Growth written by Mai Dao and published by International Monetary Fund. This book was released on 2014-07-25 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the Korean unemployment rates are currently among the lowest in OECD countries, the labor market duality and the underemployment in some segments of the population are important labor market challenges, and factors contributing to lower potential growth. The paper shows the benefits of comprehensive policy reforms aimed at increasing labor force participation and youth employment and reducing duality are likely to be considerable in the medium term.
Download or read book Advancing Labor Market Reforms in Korea written by Stella Tam and published by International Monetary Fund. This book was released on 2024-08-23 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines structural challenges facing the Korean labor market and analyzes the macroeconomic effects of potential labor market reforms. Our cross-country empirical analysis finds that easing of employment protection legislation tends to have positive macroeconmic effects during periods of strong growth but could turn contractionary in periods of slack. By contrast, increased spending on active labor market policies and reductions to the labor tax wedge tend to be more effective in periods of slack. Our analysis thus highlights the importance of considering economic and policy conditions when designing labor market reforms. Under the current disinflationary policy stance, the government’s focus on the working hour reform seems appriorate. With growth recovering, deregulation to reduce employment protection for regular workers can also be considered, combined with targeted support to vulnerable groups.
Download or read book Pushing Ahead with Reform in Korea Labour Market and Social Safety net Policies written by OECD and published by OECD Publishing. This book was released on 2000-06-26 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows that government labour and social policies, together with improved basic workers’ rights, helped minimise the costs of Korea's economic and financial crisis while also contributing to overcome it.
Download or read book The Politics of Economic Reform in South Korea written by Tat Yan Kong and published by Routledge. This book was released on 2013-10-11 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most comprehensive texts on the political economy of Korea available Up-to-date - goes up to 1999
Download or read book Labor Market Reforms in Korea written by Funkoo Park and published by . This book was released on 2001 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises 17 papers which explore labour market reforms following the 1997 financial crisis. Covers income support programmes, labour law and labour market regulations, active labour market programmes and comparisons of the Korean experience with other countries.
Download or read book Inequality in the Workplace written by Jiyeoun Song and published by Cornell University Press. This book was released on 2014-02-25 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past several decades have seen widespread reform of labor markets across advanced industrial countries, but most of the existing research on job security, wage bargaining, and social protection is based on the experience of the United States and Western Europe. In Inequality in the Workplace, Jiyeoun Song focuses on South Korea and Japan, which have advanced labor market reform and confronted the rapid rise of a split in labor markets between protected regular workers and underprotected and underpaid nonregular workers. The two countries have implemented very different strategies in response to the pressure to increase labor market flexibility during economic downturns. Japanese policy makers, Song finds, have relaxed the rules and regulations governing employment and working conditions for part-time, temporary, and fixed-term contract employees while retaining extensive protections for full-time permanent workers. In Korea, by contrast, politicians have weakened employment protections for all categories of workers. In her comprehensive survey of the politics of labor market reform in East Asia, Song argues that institutional features of the labor market shape the national trajectory of reform. More specifically, she shows how the institutional characteristics of the employment protection system and industrial relations, including the size and strength of labor unions, determine the choice between liberalization for the nonregular workforce and liberalization for all as well as the degree of labor market inequality in the process of reform.
Download or read book Korea s Paradigm Shift for Sustainable and Inclusive Growth A Proposal written by Yangkyoon Byeon and published by International Monetary Fund. This book was released on 2017-11-17 with total page 41 pages. 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.
Download or read book Korea written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-02-15 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea's impressive macroeconomic performance up to 1997 served to mask fundamental structural problems. Structural reform efforts have been focused on financial sector and corporate sector reforms and liberalizing trade and capital account transactions. The labor market situation has improved, and the unemployment rate has declined. A remarkable feature of Korea's economic performance following the crisis has been the large turnaround in the current account balance. Monetary policy has been focused on stimulating and supporting economic recovery. Reforming corporate governance is one of the government's top priorities.
Download or read book Labour Market Reforms in Korea to Promote Inclusive Growth written by and published by . This book was released on 2016 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labor Market Duality in Korea written by Johanna Schauer and published by International Monetary Fund. This book was released on 2018-06-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market duality is a complex and critical issue for many countries that can lower productivity, contribute to inequality and result in negative externalities. In this paper, I study duality in the Korean labor market and analyze its sources and potential policy options. I find that employment protection legislations and large productivity differentials are the key drivers of Korea’s duality. In addition, applying a general equilibrium search-and-matching model and calibrating it to the Korean economy, I show that well-calibrated flexicurity policies can significantly reduce duality and inequality and raise welfare and productivity. Notably, the introduction of all three pillars—flexiblity, a strong safety net and active labor market policies—is critical for its success. If only one pillar is introduced it can result in negative side-effects and might not reduce duality.
Download or read book South Korea written by Young-Chan Kim and published by Elsevier. This book was released on 2008-12-30 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Korea: Challenging globalisation and the post-crisis reforms examines the major economic issues flowing from the Korean financial crisis of 1997 and covers such issues as industrial relations, macroeconomic sectors, the role of administrations, and corporates' globalisation process by over-expanded foreign direct investment. The chapters contained in this book are written by a wide variety of contributors, including a former government technocrat, president's advisory board member, plus leading Korean economy specialists. - Includes empirical surveys from the leading academics in Korea - Exclusively research methodology on each topic - First attempt to explain limited but historically important period economic policy
Download or read book Growth and Reform in the Korean Economy written by Jung Soo Seo and published by . This book was released on 2005 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labor Market Developments of Korea in Macroeconomic Perspectives written by Choongsoo Kim and published by . This book was released on 1989 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labour market reforms in Korea to promote inclusive growth written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Agenda for Economic Reform in Korea written by Kenneth Judd and published by Hoover Institution Press. This book was released on 2000-10-01 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Agenda for Economic Reform in Korea looks at Korea's economic problems from the perspective of the American experience with economic reforms and sheds new light on the problems of economic reform facing nations all over the world. The authors examine such issues as corporate governance, social welfare, labor relations, and other pressing challenges—and suggest a new vision for the Korean economy.
Download or read book An Agenda for Economic Reform in Korea written by Kenneth Judd and published by Hoover Institution Press. This book was released on 2013-11-01 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Agenda for Economic Reform in Korea looks at Korea's economic problems from the perspective of the American experience with economic reforms and sheds new light on the problems of economic reform facing nations all over the world. The authors examine such issues as corporate governance, social welfare, labor relations, and other pressing challenges—and suggest a new vision for the Korean economy.
