Increasing productivity growth in the service sector, which accounts for 67% of employment and 58% of value added in Korea, is essential to sustain high potential growth.
Korea has one of the lowest tax burdens in the OECD area, reflecting its small public sector. However, rapid population ageing will put upward pressure on government spending.
The age of retirement of employees should be raised by eliminating mandatory retirement and phasing out the retirement allowance. Active labour market policies should focus on policies to expand human capital rather than wage subsidies.
This paper presents the role of entrepreneurship policies in supporting innovation in four OECD countries. It consists of a synthesis report based on the findings of country case studies on Korea, Mexico, Norway and Turkey. The case studies are appended to the synthesis report.
The 2006 OECD study offers an analysis of the CII security policies in four countries: Canada, Korea, the United Kingdom, and the United States - with a focus on the drivers for and challenges to their development.
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This study looks at the situation in Korea which began actively promoting its environmental technologies in the early 1990s when the government identified environmental goods and services as one of several strategic national industries. (OECD Trade and Environment Working Paper No. 2004-03.)
This paper analyses trends in Korean venture capital markets and makes policy recommendations which have been developed through an OECD peer review process.
English, , 209kb
How open are the capital accounts in Korea and Chinese Taipei? Has there been a trend towards more financial openness during the 1980s?