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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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The ability to measure innovation is essential to an improvement strategy in education. This country note analyses how the practices are changing within classrooms and educational organisations and how teachers develop and use their pedagogical resources.
Specific country notes have been prepared using data from the database OECD Health Statistics 2014, June 2014 version. The notes are available in PDF format.
Output growth of around 4% is projected in 2014-15. However, a new growth strategy is essential to foster a creative economy and sustain growth. Policies are also needed to reduce income inequality and poverty, particularly among the elderly.
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.
This database provides information on environmentally related taxes, fees and charges, tradable permit systems, deposit refund systems, environmentally motivated subsidies and voluntary approaches used in environmental policy in OECD member countries and a number of other countries. Developed in co-operation between the OECD and the European Environment Agency.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Korea.
While the Korean innovation system is highly developed, it will need to address a number of economic and institutional challenges to sustain a steady flow of innovations and boost productivity. This review identifies a number of reforms.
The average worker in Korea faced a tax burden on labour income (tax wedge) of 21.4% in 2013 compared with the OECD average of 35.9%. Korea was ranked 30 of the 34 OECD member countries in this respect.
English, PDF, 246kb
Analysis for Korea from OECD trade facilitation indicators that identify areas where countries can improve border procedures, reduce trade costs, boost trade flows and reap greater benefits from international trade.