Korea


24-February-2009

English

Boosting productivity in Korea’s service sector

Increasing productivity growth in the service sector, which accounts for 67% of employment and 58% of value added in Korea, is essential to sustain high potential growth.

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24-February-2009

English

Reforming the tax system in Korea to promote economic growth and cope with rapid population ageing

Korea has one of the lowest tax burdens in the OECD area, reflecting its small public sector. However, rapid population ageing will put upward pressure on government spending.

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24-February-2009

English

Sustaining growth in Korea by reforming the labour market and improving the education system

The age of retirement of employees should be raised by eliminating mandatory retirement and phasing out the retirement allowance. Active labour market policies should focus on policies to expand human capital rather than wage subsidies.

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13-February-2007

English, , 38kb

Economic Policy Reforms: Going for Growth 2007: Korea Country Note

This note, taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2007, contains information about the progress in implementing reforms in line with the 2006 priorities for Korea.

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18-August-2006

English

List of Economic Surveys of Korea

Summary of Economic Surveys: Korea

7-February-2006

English, , 37kb

Economic Policy Reforms: Going for Growth 2006: Progress in Responding to the 2005 Policy Priorities - Korea Country Note

This note, taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2006, contains information about the progress in implementing reforms in line with the 2005 priorities for Korea. In addition to passing of legislation or other decisions to implement reforms, the note records earlier stages of reform, such as government announcements and draft legislation presented to parliaments.

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