There are now 42 signatories to the OECD Declaration on Green Growth. Lithuania has joined Costa Rica, Colombia, Croatia, Latvia, Morocco, Tunisia, as well as OECD members in having adhered to the declaration. Latest reports are now available on Zambia, Slovak Republic, Slovenia and Korea.
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Levels of alcohol consumption in Korea decreased substantially in the last 30 years and, in 2012, consumption reached the OECD average of 9.1 litres of pure alcohol per capita.
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Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.
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This country note for from Going for Growth 2015 Korea identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
The Korean shipbuilding industry is one of the top global players, leading by value and second only to China by volume. However, the global economic crisis has dented its finances and it now faces serious challenges to set itself back on a solid footing.
These reviews offer a comprehensive assessment of the innovation system of individual OECD member and non-member countries, focusing on the role of government. They provide concrete recommendations on how to improve policies which impact on innovation performance.
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The tax burden in Korea declined by 0.5 percentage points from 24.8% to 24.3% in 2013. The corresponding figure for the OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Korean standard VAT rate is 10%, which is well below the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.
The stock of foreign population resident in Korea for more than 90 days was 1.12 million in December 2012, equivalent to 2.2% of the total population.
Korea has been at the forefront of green growth initiatives. The National Strategy for Green Growth (2009-2050) and the Five-Year Plan (2009-2013) of Korea provide a comprehensive policy framework for green growth in both the short and long term.