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Korea should build on its strong economy and well-educated workforce to meet the challenges of a fast-ageing population and to tackle rising income inequality, according to a new OECD report.
Korea is well known for its successful transition from hardship to prosperity and technological prowess. This amazing transformation and strong economic performance have allowed the country to make important progress also in the social sphere. However, like most of the members of the OECD, Korea still faces significant challenges to building an equitable and inclusive society.
Although job creation has improved, since the end of the 2007-08 recession, the effects of the recession on the labour market remain severe.
The OECD/Korea Policy Centre fosters the exchange of technical information and policy experiences relating to the Asia Pacific region in areas such as health statistics, pension reforms and social policy and expenditure.
Progress has been made in narrowing the gender gap in pay, especially in employment, over the past decade but much remains to be done in many countries. Women pay a high price for motherhood, with steep childcare costs and taxes deterring many from working more, according to a new OECD report.
OECD Secretary-General Angel Gurría gave opening remarks at the launch of the OECD report, "Closing the Gender Gap: Act Now!"
An interview with Sigbjørn Johnsen, Minister of Finance, Norway.
High female participation in the workforce has a decisive effect on a country’s performance, as Norway shows.
Public social spending has increased to 22% of GDP on average across the OECD in 2012, up from 19% in 2007. Rising spending-to-GDP ratios are due to a combination of governments increasing expenditure on social supports as unemployment and income support benefits but also because of GDP stagnating or declining in many countries.
The OECD Development Centre is co-organising, with the Swedish Ministry for Foreign Affairs, a seminar on "Measuring progress towards gender equality: where do we stand?" in Stockholm, Sweden.
This page presents the key statistical areas of work covered by the Social Policy Division