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 ...


OECD Economic Surveys: Korea 2020

OECD Economic Surveys: Korea 2020

Author: OECD

Publisher: OECD Publishing

Published: 2020-08-11

Total Pages: 128

ISBN-13: 926449619X

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Economic activity has contracted less in Korea than in other OECD countries, thanks to the prompt and effective reaction of the authorities to contain the spread of the COVID-19 virus and to the wide-ranging government support to households and businesses. Nevertheless, the pandemic generates strong headwinds.


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 ...


OECD Economic Surveys: India 2007

OECD Economic Surveys: India 2007

Author: OECD

Publisher: OECD Publishing

Published: 2007-10-09

Total Pages: 246

ISBN-13: 9264033521

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OECD's first economic survey of the Indian economy. It opens with a broad overview of economic developments over the past twenty years, showing how India has grown to become the third largest economy in the world. It then examines a series of ...


OECD Economic Surveys: Estonia 2019

OECD Economic Surveys: Estonia 2019

Author: OECD

Publisher: OECD Publishing

Published: 2019-12-17

Total Pages: 119

ISBN-13: 9264531718

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Estonia’s economy continues to perform well, and growing incomes support well-being. However, the expansion has peaked, and growth is set to soften due to weak international demand. Prudent fiscal policy has resulted in low debt, but spending pressures related to meeting infrastructure needs and ageing are mounting. Old age poverty is high and the proposal to allow early withdrawal of pension funds threatens macroeconomic stability and pension adequacy. The gender wage gap is among the highest in the OECD, and inequalities in income and health are considerable, reflecting gaps in the social safety net. The oil-shale sector is highly energy-intensive and is the main culprit behind Estonia’s high greenhouse gas emissions, but reducing dependence on the sector is challenging, as it is an important employer and meets 70% of Estonia’s energy needs.


OECD Economic Surveys: India 2019

OECD Economic Surveys: India 2019

Author: OECD

Publisher: OECD Publishing

Published: 2019-12-24

Total Pages: 146

ISBN-13: 9264823514

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India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit and non-performing loans. India's participation in the global economy has risen, with outstanding performances in some services, while the largest diaspora in the world is an asset in developing new markets. India has also lifted many millions of people out of poverty and has made access to housing for all a priority. Ambitious structural reforms -- including better targeted household support, financial inclusion initiatives, the implementation of the Goods and Services Tax, the Insolvency and Bankruptcy Code, the new approach to federalism and the corporate income tax reform -- have played a key role.


Understanding National Accounts Second Edition

Understanding National Accounts Second Edition

Author: Lequiller François

Publisher: OECD Publishing

Published: 2014-10-20

Total Pages: 520

ISBN-13: 9264214631

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This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.


OECD Economic Surveys: Korea 2008

OECD Economic Surveys: Korea 2008

Author: OECD

Publisher: OECD Publishing

Published: 2008-12-17

Total Pages: 156

ISBN-13: 9264057498

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This 2008 edition of OECD's periodic review of Korea's economy looks at key challenges including reforming the tax system, boosting productivity in the services sector, and sustaining growth by reforming labour markets and improving education.


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.