This report on the Public Procurement Service of Korea examines the effectiveness of its system, identifying good practices that can inspire reform efforts in other countries. In particular, the report highlights the efficiency gains achieved by implementation of a comprehensive e-procurement system and the savings generated by an integrated support for government-wide contracts. It also looks at how Korea is adopting a strategic and multi-dimensional approach to using public procurement in the support of small businesses and other social objectives. In identifying possible improvements to Korea’s system, recommendations include a more centralised look at workforce training and development issues and additional features for Korea’s e-procurement system, as well as a review of existing certification and preference programs.
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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.
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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.
A joint venture between the Korean government and the OECD, the Centre works with competition authorities in the Asian region to develop and implement effective competition law and policy. Read more about the Centre's work.
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Compared to many other OECD countries, Korea has shown a stronger labour market recovery from the crisis with employment increasing steadily and unemployment remaining low. The employment rate returned to its pre-crisis level of 64.0% in 2011, and has since risen further to reach 66.1% in May 2015, its highest level since 1982.
Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.
A dashboard of key government indicators by country, to help you analyse international comparisons of public sector performance.
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Korea has been successful at reducing the mortality due to cardiovascular diseases (CVD) but the burden of diabetes is relatively large.
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Levels of alcohol consumption in Korea decreased substantially in the last 30 years and, in 2012, consumption reached the OECD average of 9.1 litres of pure alcohol per capita.