OECD economic surveys : Korea 2012 / OECD.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author.

Contributor:

Organisation for Economic Co-operation and Development, author.

Series:

OECD economic surveys. Korea, 1995-364X

Language:

English

Subjects (All):

Economic history.

Korea--Economic conditions--21st century.

Korea.

Korea--Economic policy.

Physical Description:

1 online resource (149 p.)

Place of Publication:

Paris, France : OECD, [2019]

Language Note:

English

Contents:

""Table of contents""; ""Basic statistics of Korea""; ""Executive summary""; ""Assessment and recommendations""; ""Figure 1. Macroeconomic developments in Korea""; ""Korea�s economic expansion and macroeconomic policies to sustain it""; ""Korea experienced slower growth and higher inflation in 2011""; ""The pace of growth is projected to pick up, although there are a number of risks""; ""Spending restraint is aimed at achieving the 2013 balanced budget target""; ""Table 1. Short-term economic outlook""; ""Monetary policy tightening has paused since mid-2011""

""Figure 2. Monetary conditions are relaxed""""Exchange rate policy and capital flows""; ""Figure 3. Foreign exchange reserves have risen while short-term foreign debt remains high""; ""Figure 4. Exchange rate trends""; ""Box 1. Macroeconomic policy recommendations""; ""Policies to promote economic growth""; ""Figure 5. Korea continues to converge towards the United States ""; ""Figure 6. Population ageing in Korea is projected to be the fastest in the OECD area""; ""Achieving low carbon, green growth""

""Figure 7. Korea�s energy intensity is declining but remains well above the OECD average""""Labour market measures to promote growth""; ""Figure 8. Long-term projections of the labour force""; ""Pro-growth tax reform to finance increasing spending""; ""Table 2. The tax mix in OECD countries""; ""Figure 9. Average and marginal tax wedges on labour ""; ""Enhancing the contribution of the education system to growth""; ""Figure 10. The share of inactive youth with tertiary education is high in Korea""; ""Figure 11. Spending on pre-primary education is low in Korea""

""Developing the service sector""""Figure 12. The service sector""; ""Box 2. Key policy recommendations to promote economic growth""; ""Policies to promote social cohesion by addressing rising income inequality and relative poverty""; ""Figure 13. Inequality has been increasing in Korea ""; ""Increasing social spending gradually to promote social cohesion""; ""Figure 14. The rate of relative poverty by age group ""; ""Figure 15. Health-care spending per capita in Korea is low and the private share is high""; ""Table 3. International comparison of health-care services""

""Breaking down dualism to reduce wage inequality""""Figure 16. The incidence of low-paid work""; ""Raising income in the service sector""; ""Figure 17. Wages in the service sector as a share of manufacturing""; ""Improving equity through reforms in the education system""; ""Figure 18. The percentage of 15-year-olds attending after-school lessons in Korea is exceptionally high""; ""Conclusion""; ""Box 3. Key policy recommendations to promote social cohesion""; ""Bibliography""; ""Annex A.1. Economic co-operation with North Korea""; ""Table A1.1. Comparison of North and South Korea in 2010""

""Figure A1.1. North Korea�s trade with South Korea and China""

Notes:

Description based upon print version of record.

Includes bibliographical references.

Description based on print version record.

ISBN:

92-64-12784-4