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