Social Spending in Korea

Social Spending in Korea PDF Author: Selim Elekdag
Publisher: International Monetary Fund
ISBN: 1475549210
Category : Business & Economics
Languages : en
Pages : 21

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Book Description
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which supports labor market reforms can boost longer-term growth. However, despite rapid increases recently—albeit from a low base—there is still a social spending gap relative to Korea’s OECD peers. Because of several fiscal challenges in the coming decades, increases in social spending should be incremental, and would be usefully guided by a longer-term fiscal framework.

Social Spending in Korea

Social Spending in Korea PDF Author: Selim Elekdag
Publisher: International Monetary Fund
ISBN: 1475549210
Category : Business & Economics
Languages : en
Pages : 21

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Book Description
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which supports labor market reforms can boost longer-term growth. However, despite rapid increases recently—albeit from a low base—there is still a social spending gap relative to Korea’s OECD peers. Because of several fiscal challenges in the coming decades, increases in social spending should be incremental, and would be usefully guided by a longer-term fiscal framework.

OECD Economic Surveys: Korea 2018

OECD Economic Surveys: Korea 2018 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264300821
Category :
Languages : en
Pages : 160

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Book Description
Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...

Society at a Glance 2005 OECD Social Indicators

Society at a Glance 2005 OECD Social Indicators PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264007148
Category :
Languages : en
Pages : 89

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Book Description
Society at a Glance is OECD's biannual compendium of indicators showing the extent to which OECD countries are becoming more equal, more healthy, and more cohesive.

Long-term Projection of Social Expenditure in Korea

Long-term Projection of Social Expenditure in Korea PDF Author: The Korea Institute for Health and Social Affairs (South Korea)
Publisher: 길잡이미디어
ISBN: 8968271445
Category :
Languages : en
Pages : 236

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Book Description
Chapter 1 Research Background, Objectives and Structure Ⅰ. Research background Ⅱ. Research objectives and structure Chapter 2 OECD SOCX Categories Ⅰ. OECD SOCX Ⅱ. Application of OECD SOCX to the 2013 Korean government budget Ⅲ. Limits of applying OECD SOCX classification to Korea, and future tasks Chapter 3 Expenditure Projection Method Ⅰ. Overview Ⅱ. Expenditure projection method Chapter 4 Social Insurance Fiscal Projections Ⅰ. National Pension Ⅱ. Civil service occupational pensions Ⅲ. National Health Insurance (NHI) and Long-term Care Insurance for the Elderly (LTCIE) Ⅳ. Unemployment Insurance (UI) and Workers Compensation Insurance (WCI) Chapter 5 Projections of Social Expenditure Finance by General Revenue (other than Social Insurance) Ⅰ. Programs for structured long-term projection model Ⅱ. Programs for simple projection model Chapter 6 Social Expenditure Projection Results and International Comparison Ⅰ. Social expenditure projection results Ⅱ. Social expenditure in major OECD countries Chapter 7 Conclusion and Policy Implications Ⅱ. Summary Ⅱ. Policy implications ■References ■Appendices [Appendix 1] Demographic and economic assumptions [Appendix 2] Application of the inflation rate as the rate of increase in general fiscal expenditure

Society at a Glance 2019 OECD Social Indicators

Society at a Glance 2019 OECD Social Indicators PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264312854
Category :
Languages : en
Pages : 136

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Book Description
This report, the ninth edition of the biennial OECD overview of social indicators, addresses the growing demand for quantitative evidence on social well-being and its trends. This year’s edition presents 25 indicators, several of which are new, and includes data for 36 OECD member countries and ...

Making Social Spending Work

Making Social Spending Work PDF Author: Peter H. Lindert
Publisher: Cambridge University Press
ISBN: 1108808239
Category : Business & Economics
Languages : en
Pages : 437

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Book Description
How does social spending relate to economic growth and which countries have got this right and wrong? Peter Lindert examines the experience of countries across the globe to reveal what has worked, what needs changing, and who the winners and losers are under different systems. He traces the development of public education, health care, pensions, and welfare provision, and addresses key questions around intergenerational inequality and fiscal redistribution, the returns to investment in human capital, how to deal with an aging population, whether migration is a cost or a benefit, and how social spending differs in autocracies and democracies. The book shows that what we need to do above all is to invest more in the young from cradle to career, and shift the burden of paying for social insurance away from the workplace and to society as a whole.

Economic and Social Rights in a Neoliberal World

Economic and Social Rights in a Neoliberal World PDF Author: Gillian MacNaughton
Publisher: Cambridge University Press
ISBN: 1108418155
Category : Law
Languages : en
Pages : 387

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Book Description
This multidisciplinary book examines the potential of economic and social rights to contest adverse impacts of neoliberalism on human wellbeing.

The Social Protection Indicator for Asia

The Social Protection Indicator for Asia PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292616714
Category : Political Science
Languages : en
Pages : 146

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Book Description
This publication provides updates on Social Protection Indicators of 24 countries in Asia, with an analysis of 2015 data on social protection programs. It shows progress in expenditure, primarily driven by social insurance and coverage between 2009 and 2015. Spending on women has improved in several countries, yet others continued to favor the nonpoor over the poor, and men over women. The Social Protection Index---now the Social Protection Indicator---was developed by the Asian Development Bank and its partners as the first comprehensive and quantitative measure of social protection systems in Asia and the Pacific.

Strengthening Social Cohesion in Korea

Strengthening Social Cohesion in Korea PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264188940
Category :
Languages : en
Pages : 250

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Book Description
This report suggests policy options, based on the practices and reforms of other countries, in the following four areas: I) Income Distribution and Poverty; II) Tackling the Duality of the Labour Market; III) Early Childcare; and IV) Moving beyond Hospitals to better Care in the Community.

Social and Economic Policies in Korea

Social and Economic Policies in Korea PDF Author: Dong-Myeon Shin
Publisher: Routledge
ISBN: 1134467710
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
A unique explanation of the development of Korean social policy using the concepts of 'policy idea', 'policy network' and 'policy-linkages' to examine the causes, patterns and consequences of state interventions in the economy and social affairs.