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OECD Economic Outlook No. 86 - Korea

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19-Nov-2009

Summary of economic developments and projections for Korea taken from the latest OECD Economic Outlook.

Key economic projections by country

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19-Nov-2009

Economic forecasts for GDP, unemployment, inflation and fiscal balance.

The Korean G-20 leadership: Assessing the key issues for 2010 - New sources of sustainable and balanced growth

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17-Nov-2009

Angel Gurría, OECD Secretary-General

A year ahead of Korea chairing the next G20 Summit, Mr. Gurría described in Seoul the “cocktail” of strategy, policies and framework conditions that will enable economies to harness new sources of economic growth, prevent environmental degradation and enhance the quality of life.

Gurría calls for ‘new generation’ of statistics to reinforce public confidence in government

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27-Oct-2009

OECD Secretary-General Angel Gurría has warned that unless a new generation of statistics is developed to measure social progress and well-being, people may lose confidence in institutions and in the capacity of governments to address their problems.

OECD World Forum in Busan to explore new ways to measure and foster progress

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06-Oct-2009

Assessing the progress and failings of our societies requires a far broader set of measures than just economic indicators.

Korea - external links to macroeconomic reports and data

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15-Jul-2009

External links to: recent economic data; current interest rates and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant si ...

Economic Policy Reforms: Going for Growth 2009 - Korea Country Note

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03-Mar-2009

This note, taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2009, contains information about the progress in implementing reforms in line with the 2008 priorities for Korea.

Boosting productivity in Korea’s service sector

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24-Feb-2009

Randall S. Jones

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.

Sustaining growth in Korea by reforming the labour market and improving the education system

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24-Feb-2009

Randall S. Jones and Masahiko Tsutsumi

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.

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.

Latest Economic Outlook

Economic Outlook n°86