Korea


  • 18-September-2014

    English

    Addressing high household debt in Korea

    Rising household debt has become a major policy concern in Korea. By the end of 2012, it had risen to 164% of disposable income, well above the OECD average of 133%.

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  • 18-September-2014

    English

    Reducing the high rate of poverty among the elderly in Korea

    One-half of Korea's population aged 65 and over lives in relative poverty, nearly four times higher than the OECD average of 13%. Elderly poverty is thus an urgent social problem.

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  • 18-September-2014

    English

    Promoting the financing of SMEs and start-ups in Korea

    The Korean government has made fostering a “creative economy” a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role.

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  • 29-July-2014

    English

    Reducing income inequality and poverty and promoting social mobility in Korea

    To strengthen social cohesion, a top government priority, it is essential to address the labour market roots of inequality by breaking down dualism to reduce the share of non-regular workers and to boost the employment ratio toward the government’s 70% target.

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  • 29-July-2014

    English

    Fostering a creative economy to drive Korean growth

    A creative economy requires innovation-friendly conditions. Korea’s innovation system should be improved by upgrading universities and expanding their role in business R&D, while increasing international collaboration in R&D from its current low level.

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  • 17-June-2014

    Korean

    OECD 한국경제보고서 2014

    벤처 기업과 중소기업이 보다 큰 역할을 하는 창조적인 경제를 육성하기 위한 새로운 성장전략이 필요하다. 또한, 소득불평등과 상대적 빈곤, 특히 49%에 달하는 노인 빈곤율을 감소시킬 수 있는 정책들이 필요하다.

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  • 16-June-2014

    English

    Korea: Implement reforms to develop a creative economy, OECD says

    Korea needs to move away from its current economic model and implement a range of reforms to develop a creative economy that can sustain long-term growth, according to the latest OECD Economic Survey of Korea. The strategy should be accompanied by new measures to reduce income inequality and poverty, particularly among the elderly, the OECD said.

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  • 3-June-2014

    English

    Meeting of the OECD Council at Ministerial Level 2015

    Focused on "Unlocking investment for sustainable growth and jobs", the 2015 OECD Ministerial Council Meeting (MCM) will be held at the OECD Headquarters in Paris on Wednesday and Thursday 3-4 June 2015, under the chairmanship of the Netherlands, with the Czech Republic, France and Korea as Vice-Chairs.

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  • 21-May-2014

    English

    Industry and Technology Policies in Korea

    The Korean innovation system is in many ways highly developed and has helped to underpin Korea’s rapid industrialisation. However, long-standing policy emphases on manufacturing and large firms are today in question. Structural problems - such as the relatively weak innovation performance of SMEs, a lagging services sector and limited domestic job creation among the industrial conglomerates - have led to a shift in policy priorities. This shift is crystallised in the current government’s Creative Economy Strategy, which entails a far-reaching set of measures aimed at fostering cutting-edge innovation and consolidating a knowledge-based economy increasingly driven by high-value services. This review addresses Korea’s industry and technology policies and institutions, and provides policy recommendations.
  • 6-May-2014

    English

    Revenue Statistics in Asian Countries 2014 - Trends in Indonesia and Malaysia

    This publication provides internationally comparable data on tax levels and tax structures for Indonesia and Malaysia. The model is the OECD Revenue Statistics database which is a fundamental reference, backed by a well-established methodology, for OECD member countries. By extending this OECD methodology to Asian countries, Revenue Statistics in Asian Countries enables meaningful cross-country comparisons about tax levels and structures not only between Asian economies, but also between them and their industrialised peers. Future editions will cover additional Asian countries.
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