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Performance Budgeting in Korea

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29-Jul-2009

Korea is in the initial stages of implementing performance-based budgeting. The system was introduced as part of a comprehensive fiscal reform package in the late 1990s. This article discusses the background, ...

Pensions at a Glance 2009: Highlights for Korea

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23-Jun-2009

The old-age dependency ratio in Korea will increase by over 400% in the next 45 years. This is the highest increase among the OECD countries and will leave Korea second only to Japan in 2050. More than 45% of Korea’s pensioners live in poverty (on international measures).

Reforming the tax system in Korea to promote economic growth and cope with rapid population ageing

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24-Feb-2009

Randall S. Jones

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.

Asian Policy Centre - health and social policy

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30-Jan-2009

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.

Economic Survey of Korea 2008: Reforming the Tax system to promote economic growth and cope with rapid population ageing

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17-Dec-2008

Given long-term spending pressures, Korea needs a comprehensive tax reform that provides the necessary revenue while also sustaining Korea’s growth potential and addressing rising relative poverty.

Economic Survey of Korea 2008: Priorities for Macroeconomic Policy

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17-Dec-2008

Macroeconomic policy should focus on mitigating the economic downturn. Over the medium term, the priority should be to maintain a strong fiscal position, given spending pressures, including ageing.

OECD Reviews of Regulatory Reform Reviews - Korea: Progress in Implementing Regulatory Reform

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26-Sep-2008

This report assesses progress made since 2000 and analyses many of the lessons of implementation of regulatory reform. It also highlights possible responses to current challenges (ageing society, future welfare needs) and includes a new special chapter on tertiary education.

Performance Budgeting in OECD Countries

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12-Nov-2007

Teresa Curristine

This book reviews the experiences of eight OECD countries which have developed and used performance information in the budget process over the past ten years. The book offers guidelines and recommendations on adapting budget systems to promote the use of performance information.

Policy Brief: Korea: Progress in Implementing Regulatory Reform

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19-Mar-2007

Regulatory reform is a priority in the effort to promote sustainable economic growth, complementing sound macroeconomic policies. It can help shift economic activity to higher value-added production and ...

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Guidelines and recommendations on adapting budget systems to promote the use of performance information

Performance Budgeting in OECD Countries