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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
On 25 November, the DAC welcomed South Korea as its newest member. The Committee made its decision in a special session, during which Mr. Oh Joon, Korean Deputy Minister of Foreign Affairs, noted Korea’s eagerness to share its development experience – and success. “Half a century ago,” said Oh Joon, “Korea was one of the poorest nations in the world, endeavouring to emerge from the ashes of the Korean War to rebuild itself.” Korea
Economic forecasts for GDP, unemployment, inflation and fiscal balance
A year ahead of Korea chairing the next G20 Summit, Mr. Gurría described in Seoul the “cocktail” of strategy, policies and framework conditions that will enable economies to harness new sources of economic growth, prevent environmental degradation and enhance the quality of life.
OECD Secretary-General Angel Gurría has warned that unless a new generation of statistics is developed to measure social progress and well-being, people may lose confidence in institutions and in the capacity of governments to address their problems.
In a keynote speech delivered at the OECD 3rd World Forum on Statistics, Knowledge and Policy, Mr. Angel Gurría has warned that unless a new generation of statistics is developed to measure social progress and well-being, people may lose confidence in institutions and in the capacity of governments to address their problems.
Assessing the progress and failings of our societies requires a far broader set of measures than just economic indicators.
Society at a Glance - Asia/Pacific Edition 2009 looks at social trends and policy developments in Asia-Pacific countries, using indicators similar to those in OECD’s recently published Society at a Glance 2009 (focused on OECD economies).
Society at a Glance – Asia/Pacific Edition 2009 offers a concise quantitative overview of social trends and policies across Asia-Pacific economies.
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Korea is in the initial stages of implementing performance-based budgeting. The system was introduced as part of a comprehensive fiscal reform package in the late 1990s. This article discusses the background, framework and implementation of performance budgeting and its impact in the budget process.