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The tax burden in Korea increased by 0.3 percentage points from 24.3% to 24.6% in 2014. The corresponding figures for the OECD average were an increase of 0.2 percentage points from 34.2% to 34.4%.
The 2015 edition introduces more detailed analysis of participation in early childhood and tertiary levels of education. The report also examines first generation tertiary-educated adults’ educational and social mobility, labour market outcomes for recent graduates, and participation in employer-sponsored formal and/or non-formal education.
While Korea has seen strong economic growth and an impressive rise of skill levels over the past decades, further action is needed to improve the labour market relevance of education, remove barriers to employment and raise productivity levels in Korea, according to a new OECD report.
CV and photo of the Korean Ambassador to the OECD.
Opening remarks at OECD Committee for Scientific and Technological Policy Ministerial Meeting, Daejeon, Korea
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Of the recommendations identified in this report, and for which we have been able to quantify the likely impact, it is estimated that their implementation would increase the level of GDP by 2½% over 10 years, generating around 180,000 extra jobs.
The OECD Committee for Scientific and Technological Policy is holding a Ministerial level meeting in Daejeon, Korea on 20-21 October 2015.
The Secretary-General opened the OECD Ministerial meeting “Creating our Common Future through Science, Technology and Innovation” alongside Mrs. Park Geunhye, President of the Republic of Korea. Mr. Gurría also presented OECD Science, Technology and Industry Scoreboard 2015 and held a series of meetings.
Thanks to robust skills and investment in R&D, Korea is leading in the development of frontier technologies with potential to transform production processes, stimulate the entry of new firms, and the launch of ground-breaking products and applications, according to a new OECD report.
OECD-ASEAN Regional Conference on Agricultural Policies to Promote Food Security and Agro-Forestry Productivity that will take place in Seoul, Korea on 12-13 October 2015.