It gives me great pleasure to welcome you to the Third Meeting of OECD Champion Mayors. Let me begin by thanking Mayor Park for hosting us today and in particular, for his leadership in taking up the challenge of meeting both climate and inclusion objectives.
Mr. Angel Gurría, Secretary-General of the OECD, was in Seoul on 18-19 October 2017 to meet with President Moon Jae-in and with several other high-level officials. While in Seoul, the Secretary-General opened the 3rd Meeting of OECD Champion Mayors for Inclusive Growth, alongside Mr. Park Won-Soon, Mayor of Seoul.
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This spotlight on Korea is based on the data and insights presented in the OECD Digital Economy Outlook 2017. It highlights major digital developments in Korea that are crucial to leverage the potential and harness the opportunities of the digital transformation.
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Selected findings for Korea from the report "The Pursuit of Gender Equality: An Uphill Battle"
The report, building on a policy dialogue with a range of stakeholders in Korea, analyses how economic policy instruments under the responsibility of the Korean Ministry of Land, Infrastructure and Transport can be adjusted to contribute to water policy objectives. It also investigates how Smart Water Management Korea, an initiative by K-water that combines information and communication technology with water technology, can be harnessed to better contribute to water management in the country. Finally, it identifies some of the limitations of prevalent water allocation regimes which need to be addressed to make the best use of available water resources.
Since 1965, the Korean Government has invested heavily in quantitative development strategies to meet water needs, and despite highly variable water availability, this has allowed for and facilitated rapid urbanisation and economic growth. However, several long-term trends are expected to affect the capacity of the current water management system to adequately respond to current and future water risks, such as rapid ageing of the population, fiscal consolidation and climate change. These call for a renewed emphasis on water use efficiency.
The Revenue Statistics in Asian Countries publication is jointly undertaken by the OECD Centre for Tax Policy and Administration and the OECD Development Centre. It compiles comparable tax revenue statistics for Indonesia, Japan, Kazakhstan, Korea, Malaysia, the Philippines and Singapore. The model is the OECD Revenue Statistics database which is a fundamental reference, backed by a well-established methodology, for OECD member countries. Extending the OECD methodology to Asian countries enables comparisons about tax levels and tax structures on a consistent basis, both among Asian economies and between OECD and Asian economies.
The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.
Cette publication est la version abrégée du troisième Examen environnemental de la Corée. Elle contient le résumé, ainsi que l’évaluation et les recommandations officielles du rapport, issues des trois chapitres sur les tendances et développements récents, la gouvernance, la croissance verte, ainsi que des deux chapitres détaillés sur les déchets, la gestion des matières et l’économie circulaire, et sur la justice environnementale. La version intégrale du rapport est disponible en anglais sur le site de l’OCDE.
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대한민국의 노동시장은 글로벌 금융위기 이후 매우 강한 회복력을 보여왔다. 2017년 4월 현재 4.2%의 실업률을 나타내는 등 지난 10년간 3.5%에서 4.5% 사이의 낮은 실업률을 유지해오고 있다. 15-74세의 고용률은 서서히 증가하여 2017년 1분기에 OECD 평균보다 3.5% 포인트 높은 64.7%의 고용률을 기록했다.
Regulatory reform has been a top priority in Korea for several successive administrations. Maintaining momentum for reform in Korea will be essential for producing tangible results and supporting inclusive growth, productivity and innovation. The Regulatory Reform Review of Korea provides key insights into a mature regulatory system and follows two previous Regulatory Reform Reviews of Korea completed in 2000 and 2007. It identifies a number of areas where improvements could help Korea reap the full benefits of the reforms introduced so far.
It stresses the need for a clear strategy for regulatory policy in order to make better use of the resources deployed.