Long-term Projection of Social Expenditure in Korea

Long-term Projection of Social Expenditure in Korea

Author: The Korea Institute for Health and Social Affairs (South Korea)

Publisher: 길잡이미디어

Published: 2014-12-10

Total Pages: 236

ISBN-13: 8968271445

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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


Projecting Social Security Expenditure and Total Tax Burden in Korea

Projecting Social Security Expenditure and Total Tax Burden in Korea

Author: The Korea Institute for Health and Social Affairs (South Korea)

Publisher: 길잡이미디어

Published: 2013-11-20

Total Pages: 44

ISBN-13: 8968271089

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CHAPTER 1 Background CHAPTER 2 Demographic Structure and Social Expenditure 1. Projections of social expenditure in Korea 2. Projections of social expenditure in OECD countries in relation to the population aging CHAPTER 3 Forecasting Social Expenditure Through Panel Analysis 1. Scope and method of estimation 2. Estimation results CHAPTER 4 Conclusion and Implications 1. Comparison of estimation of social expenditure in key OECD countries 2. Comparison of long-term social expenditure of Korea from panel analysis with component estimation method 3. Projection of the Total Tax Revenue References


Strengthening Social Cohesion in Korea

Strengthening Social Cohesion in Korea

Author: OECD

Publisher: OECD Publishing

Published: 2013-03-14

Total Pages: 250

ISBN-13: 9264188940

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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.


Fiscal Sustainability of Health Systems Bridging Health and Finance Perspectives

Fiscal Sustainability of Health Systems Bridging Health and Finance Perspectives

Author: OECD

Publisher: OECD Publishing

Published: 2015-09-24

Total Pages: 264

ISBN-13: 9264233385

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The health systems we enjoy today, and expected medical advances in the future, will be difficult to finance from public resources without major reforms. Public health spending in OECD countries has grown rapidly over most of the last half century. These spending increases have contributed to ...


OECD Economic Surveys: Korea 2012

OECD Economic Surveys: Korea 2012

Author: OECD

Publisher: OECD Publishing

Published: 2012-04-26

Total Pages: 150

ISBN-13: 9264127844

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OECD's 2012 Economic Survey of Korea examines recent economic developments, policies and prospects. In addition, it includes special chapters covering sustaining convergence to the highest-income countries and promoting social cohesion.


OECD Economic Surveys: Korea 2018

OECD Economic Surveys: Korea 2018

Author: OECD

Publisher: OECD Publishing

Published: 2018-06-20

Total Pages: 160

ISBN-13: 9264300821

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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 ...


Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal

Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal

Author: Yangkyoon Byeon

Publisher: International Monetary Fund

Published: 2017-11-20

Total Pages: 41

ISBN-13: 1484329937

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Korea is facing mounting economic challenges. Productivity growth has been on a trend decline amid demographic headwinds, while the societal demand for inclusive growth has been on a steep rise. Furthermore, the government-led unbalanced growth model—which served Korea well in the past—has become less effective and politically palatable in recent years. As such, Korea needs a major paradigm shift to embark on a new sustainable and inclusive growth path. But policy response has been modest at best with no major reforms being implemented over the past two decades. We propose a paradigm shift in Korea’s economic framework, involving a simultaneous big push for greater economic freedom and stronger social protection within the parameters set by long-run fiscal sustainability. We also provide a detailed account of structural reforms to boost economic freedom and sustainable funding plans for stronger social protection.


OECD Economic Surveys: Korea 2007

OECD Economic Surveys: Korea 2007

Author: OECD

Publisher: OECD Publishing

Published: 2007-06-20

Total Pages: 179

ISBN-13: 9264027378

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This 2007 edition of OECD's periodic Economic Survey of Korea examines key economic challenges now being faced there. After an examination of recent macroeconomic trends, it looks at monetary policy, housing and regional policies, the fiscal ...


Facing the Future Korea's Family, Pension and Health Policy Challenges

Facing the Future Korea's Family, Pension and Health Policy Challenges

Author: OECD

Publisher: OECD Publishing

Published: 2007-02-27

Total Pages: 90

ISBN-13: 9264065407

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Korea faces an extraordinary ageing challenge. Korea will age much faster than other OECD countries: in 2000, about 7% of Korea’s population were over 65; in 2050, senior citizens will constitute about 37% of Korea’s population. Population ageing ...