Working Papers


  • 11-October-2016

    English

    Labour market reforms in Korea to promote inclusive growth

    Labour market reforms are essential to promote social cohesion by removing obstacles to employment, particularly for women, youth and older persons.

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  • 11-October-2016

    English

    Raising Korea’s productivity through innovation and structural reform

    Raising productivity requires addressing a wide range of policies that affect resource allocation, the creation and diffusion of technology, human capital and the creation and financing of start-ups.

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  • 18-September-2014

    English

    Addressing high household debt in Korea

    Rising household debt has become a major policy concern in Korea. By the end of 2012, it had risen to 164% of disposable income, well above the OECD average of 133%.

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  • 18-September-2014

    English

    Reducing the high rate of poverty among the elderly in Korea

    One-half of Korea's population aged 65 and over lives in relative poverty, nearly four times higher than the OECD average of 13%. Elderly poverty is thus an urgent social problem.

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  • 18-September-2014

    English

    Promoting the financing of SMEs and start-ups in Korea

    The Korean government has made fostering a “creative economy” a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role.

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  • 29-July-2014

    English

    Reducing income inequality and poverty and promoting social mobility in Korea

    To strengthen social cohesion, a top government priority, it is essential to address the labour market roots of inequality by breaking down dualism to reduce the share of non-regular workers and to boost the employment ratio toward the government’s 70% target.

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  • 29-July-2014

    English

    Fostering a creative economy to drive Korean growth

    A creative economy requires innovation-friendly conditions. Korea’s innovation system should be improved by upgrading universities and expanding their role in business R&D, while increasing international collaboration in R&D from its current low level.

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  • 1-August-2013

    English

    Lessons from investment policy reform in Korea

    This study documents the liberalisation of the FDI regime in Korea between 1990 and 2010 and examines how and why it came about. The paper focuses on the lessons can we draw from the Korean experience about how to achieve rapid and sustainable reforms.

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  • 2-July-2013

    English

    Labour market policies to promote growth and social cohesion in Korea

    Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from under-employed segments of the population.

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  • 2-July-2013

    English

    Education reform in Korea

    The rapid expansion of education in Korea is exceptional and has played a key role in its economic development. Sustaining Korea’s growth potential in the face of demographic headwinds requires further improving the education system to boost productivity growth.

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