This report is an analysis of the Korean agricultural sector and Korean agricultural policy. It was undertaken as part of the OECD’s continuing work on Member countries’ policies and contains evaluation and recommendations based on the principles for agricultural policy reform laid down by OECD ministers in 1987 and developed further in 1998.   The last study of agricultural policies in Korea was undertaken in 1998, and this report focuses on policy reforms that occurred after that report was published. In addition to reporting a wide variety of statistics with respect to Korean agriculture, the report describes and makes use of two of the main OECD tools for agricultural policy analysis — the PSE and CSE database and the Policy Evaluation Model (PEM). Share of agricultural income to farm household income, 1970-2005

 

Table of Contents

Executive Summary

Chapter I. The Agricultural Situation in Korea

I.1. Characteristics of Korean Agriculture

I.2. Agricultural Trade I.3. Challenges in Korean Agriculture

Chapter II. Agricultural Policies, 1995-2007

II.1. The Objectives of Agricultural Policies and Recent Policy Developments I

I.2. Income Policy

II.3. Polices Enhancing Agricultural Competitiveness

II.4. Agro-Food Policy

II.5. Environment Policy

II.6. Rural Development Policy

II.7. Trade Policy

Chapter III. Analysis of Support to Agriculture

III.1. Evolution and Decomposition of Support to Agriculture

III.2 PEM Analysis of Support to Agriculture

Chapter IV. Evaluation and Recommendations

IV.1. Evaluation of Agricultural Policies Over the Last Ten Years I

V.2 Recommendations for the Future Policy Reform Annex Tables References

 

Further reading

OECD (2007), OECD Economic Surveys: Korea, Volume 7, Issue 6, Paris

OECD (1998), Review of Agricultural Policies in Korea, Paris