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This country note for from Going for Growth 2015 Korea identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
The Korean shipbuilding industry is one of the top global players, leading by value and second only to China by volume. However, the global economic crisis has dented its finances and it now faces serious challenges to set itself back on a solid footing.
Korea has been at the forefront of green growth initiatives. The National Strategy for Green Growth (2009-2050) and the Five-Year Plan (2009-2013) of Korea provide a comprehensive policy framework for green growth in both the short and long term.
This report examines Korea's urban policies and offers customised policy recommendations based on the OECD publication, Compact City Policies (2012). Some Korean policies, such as urban regeneration, new town development or multi-modal transfering centers, have implicitly implemented compact city polices to a certain degree. However, there are still issues - including urban sprawl, unbalanced socio-economic levels and environmental challenges - which can be threats to urban competitiveness. An appropriate set of compact city polices, such as environmental friendly urban regeneration, mixed land use, polices to offset the side effects of compact development, strong management of transport demands, and governance enforcement, can accelerate Korean cities' sustainable development.
With the rising economic importance of human resources and skills, employment and training agencies are now often expected to play a more important role in local strategies to support new creation, facilitate restructuring and increase productivity. The OECD Local Economic and Employment Development (LEED) Programme has developed an international cross-comparative study examining the contribution of local labour market policy to boosting quality employment and enhancing productivity. In Korea, the review has looked at the range of institutions and bodies involved in employment and skills policies, focusing on local strategies in the Bucheon and Busan regions.
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country factsheets from the publication OECD Regional Outlook 2014.
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Korea has a huge educational gap between the younger and older generations.
Country notes with main key findings of the book and key fact tables: a customised snapshot of a country's educational environment, highlighting the most important issues in the educational landscape.
As the significance of the creative economy continues to grow, important synergies with tourism are emerging, offering considerable potential to grow demand and develop new products, experiences and markets.These new links are driving a shift from conventional models of cultural tourism to new models of creative tourism based on intangible culture and contemporary creativity. This report examines the growing relationship between the tourism and creative sectors to guide the development of effective policies in this area. Drawing on recent case studies, it considers how to strengthen these linkages and take advantage of the opportunities to generate added value. Active policies are needed so that countries, regions and cities can realise the potential benefits from linking tourism and creativity. Key policy issues are identified.