Economic Effect of Regulatory Reforms in Korea
Author: Chŏng-uk Kim (Researcher in economic law)
Publisher:
Published: 2016
Total Pages: 28
ISBN-13:
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Author: Chŏng-uk Kim (Researcher in economic law)
Publisher:
Published: 2016
Total Pages: 28
ISBN-13:
DOWNLOAD EBOOKAuthor: Jungwook Kim
Publisher:
Published: 2017
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKThis paper adapts the World Bank Regulatory Quality Index (RQI) which is produced annually to have better understandings on effects of regulatory reforms, instead of the Production Market Regulation (PMR) indicators published every 5 years. Firstly, this analysis indicates that GDP per capita will be raised by 17~29.8% when the index increases by one unit. Secondly, we find that 9.9 to 32.2 billion USD worth of regulatory cost could be reduced, if the regulatory quality in Korea improves to the level of the OECD average considering that the total burden of regulation in Korea is estimated 2.2 to 354.7 billion USD. The estimate of regulatory cost reduction takes roughly 0.76 to 2.47% of Korea's GDP in 2013, underscoring the importance of regulatory reforms for the Korean economy.
Author: Jungwook Kim
Publisher:
Published: 2018
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKThis paper adapts the World Bank Regulatory Quality Index (RQI), which is produced annually to provide a better understanding of the effects of regulatory reforms, instead of the Production Market Regulation (PMR) indicators, which are published every five years. We find that 9.9 to 36.0 billion USD worth of regulatory cost could be reduced if the regulatory quality in Korea improves to the level of the OECD average considering that the total burden of regulation in Korea is estimated to range from 2.2 to 357.4 billion USD. The estimated reduction in the regulatory cost accounts for roughly 0.76 to 2.47% of Korea' s GDP in 2013, underscoring the importance of regulatory reforms for the Korean economy. This paper introduces a new method with which to examine the distribution of regulatory costs across different industries and firm sizes. This alternative method is largely consistent with the conclusions reached by other studies, specifically that small firms typically bear a disproportionate regulatory burden.
Author: Organization for Economic Cooperation and Development
Publisher: Organization for Economic Co-Operation & Development
Published: 2017
Total Pages: 0
ISBN-13: 9789264274594
DOWNLOAD EBOOKRegulatory reform has been a top priority in Korea for several successive administrations. Maintaining momentum for reform in Korea will be essential for producing tangible results and supporting inclusive growth, productivity and innovation. The Regulatory Reform Review of Korea provides key insights into a mature regulatory system and follows two previous Regulatory Reform Reviews of Korea completed in 2000 and 2007. It identifies a number of areas where improvements could help Korea reap the full benefits of the reforms introduced so far. It stresses the need for a clear strategy for regulatory policy in order to make better use of the resources deployed.
Author: OECD
Publisher: OECD Publishing
Published: 2017-05-23
Total Pages: 154
ISBN-13: 926427460X
DOWNLOAD EBOOKRegulatory reform has been a top priority in Korea for several successive administrations. This review identifies a number of areas where improvements could help Korea reap the full benefits of the reforms introduced so far.
Author: OECD
Publisher: OECD Publishing
Published: 2007-03-19
Total Pages: 191
ISBN-13: 9264032061
DOWNLOAD EBOOKThis publication assesses Korea's progress in regulatory reform since 2000 and analyses many of the lessons of implementation of regulatory reform. It also highlights possible responses to current challenges.
Author: OECD
Publisher: OECD Publishing
Published: 2000-06-02
Total Pages: 319
ISBN-13: 9264181741
DOWNLOAD EBOOKThis Review presents an integrated assessment of regulatory reform in framework areas such as the quality of the public sector, competition policy and enforcement, and market openness in Korea.
Author: Song Ho Lee
Publisher:
Published: 1992
Total Pages: 290
ISBN-13:
DOWNLOAD EBOOKAuthor: Organisation for Economic Co-operation and Development
Publisher: OECD Publishing
Published: 2000
Total Pages: 336
ISBN-13:
DOWNLOAD EBOOKThis Review presents an integrated assessment of regulatory reform in framework areas such as the quality of the public sector, competition policy and enforcement, and market openness in Korea.
Author: Kenneth Judd
Publisher: Hoover Institution Press
Published: 2000-10-01
Total Pages: 548
ISBN-13: 0817997326
DOWNLOAD EBOOKAn Agenda for Economic Reform in Korea looks at Korea's economic problems from the perspective of the American experience with economic reforms and sheds new light on the problems of economic reform facing nations all over the world. The authors examine such issues as corporate governance, social welfare, labor relations, and other pressing challenges—and suggest a new vision for the Korean economy.