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.
Table of contents:
Executive summary Assessment and recommendations -Korea’s economic expansion and macroeconomic policies to sustain it -Policies to promote economic growth -Policies to promote social cohesion by addressing rising income inequality and relative poverty -Conclusion -Bibliography -Annex A.1. Economic co-operation with North Korea -Annex A.2.Progress in structural reforms Chapter 1.Sustaining Korea’s convergence to the highest-income countries. -Korea’s long-run growth potential -Labour market reforms to boost employment and productivity -Tax policies to promote employment and growth -Policies to improve educational outcomes -Increasing the role of the education system in innovation -Promoting the development of the service sector -Conclusion -Bibliography Chapter 2.Achieving the “low carbon, green growth” vision in Korea -Mitigating climate change -Creating new engines for growth -Improving the quality of life through green growth -Conclusion -Bibliography Chapter 3.Promoting social cohesion in Korea -Rising income inequality and relative poverty and the factors behind it -Social spending is low but increasing rapidly -Increasing social spending to promote social cohesion -Labour market reforms to promote social cohesion by breaking down dualism -Reforms in the education system to promote social cohesion -The service sector as a factor in inequality -Conclusion -Bibliography