20-July-2017
English
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.
20-July-2017
English
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.
17-July-2017
English
Learn about ongoing regulatory policy developments in Korea and the 2015 indicators on regulatory policy and governance.
10-July-2017
English
The Co-operative Research Programme (CRP)'s Call for Applications for conference sponsorship and research fellowships for funding in 2018 is now OPEN. The CRP supports work on sustainable use of natural resources in agriculture, forests, fisheries and food production.
13-June-2017
English, PDF, 268kb
Korea’s labour market proved to be particularly resilient in the wake of the global financial crisis. The unemployment rate has remained very low, hovering between 3.5 and 4.5% over the past decade (it was 4.2% in April 2017), while employment, as a share of the population aged 15-74, rose steadily to reach 64.7% in the first quarter of 2017, 3.5 percentage points above the OECD average.
23-May-2017
English
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.
11-May-2017
English
Over the past ten years economic growth in Asia has contributed to a reduction of poverty as well as fertility rates, and greater prosperity has contributed to gains in life expectancy. However, at present many workers still work in informal employment, frequently for long hours at little pay and without social protection coverage. A growing demand for social support, extending the coverage of social protection benefits and improving the job quality of workers will be among Asia’s major challenges in future. This report considers these challenges, providing policy examples from countries to illustrate good practice, including Bangladesh, Indonesia, Japan, Korea, Malaysia, Pakistan, Singapore and Viet Nam.
11-April-2017
English
The tax burden on labour income is expressed by the tax wedge, which is a measure of the net tax burden on labour income borne by the employee and the employer.
6-April-2017
English, PDF, 420kb
Korea had the 30th lowest tax wedge among the 35 OECD member countries in 2016. The country occupied the same position in 2015. The average single worker in Korea faced a tax wedge of 22.2% in 2016 compared with the OECD average of 36.0%.
28-March-2017
English
These country specific notes provide figures and commentary from the Taxation and Skills publication that examines how tax policy can encourage skills development in OECD countries.