Transport infrastructure opens new routes and creates connections. It increases prosperity by generating economic opportunities, reducing transport costs and supporting agglomeration economies. However, the increased traffic flows also generate environmental and social costs. In Korea, the amount of paved roads increased dramatically between 1951 and 2014, from 580 kilometres to over 87 000 kilometres. This expansion of Korea’s expressway, highway and major road network has created benefits for cities and rural areas across the country, contributing to both economic growth and inclusiveness. This rapid development of road infrastructure and motorisation has also resulted in relatively high traffic fatality rates. This report combines empirical research on the relationship between road infrastructure, inclusive economic development and traffic safety with an assessment of policies and governance structures to help governments find ways to create effective, safe and inclusive transport infrastructures.
The OECD/Korea Policy Centre fosters the exchange of technical information and policy experiences relating to the Asia Pacific region in areas such as health statistics, pension reforms and social policy and expenditure.
Of the abundant resources given to mankind, what is the most underused resource of our time? Without a doubt, women!
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.
Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from under-employed segments of the population.
Korea should build on its strong economy and well-educated workforce to meet the challenges of a fast-ageing population and to tackle rising income inequality, according to a new OECD report.
Korea is well known for its successful transition from hardship to prosperity and technological prowess. This amazing transformation and strong economic performance have allowed the country to make important progress also in the social sphere. However, like most of the members of the OECD, Korea still faces significant challenges to building an equitable and inclusive society.
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Gains in female education attainment have contributed to a worldwide increase in women’s participation in the labour force, but considerable gaps remain in working hours, conditions of employment and earnings. More specific data for Korea are available in this country note.
Society at a Glance – Asia/Pacific Edition 2011 offers a concise quantitative overview of social trends and policies across Asia/Pacific countries and economies.
Sustaining economic growth is certainly important to promote social cohesion but growth alone cannot solve all problems. Instead, well-targeted social policies are essential to promote social cohesion and reverse the upward trend in income inequality. This is the “go social” challenge facing Korea, said OECD Secretary-General in Seoul.