Social Spending in Korea
Social Spending in Korea

Author: Selim Elekdag

Publisher: International Monetary Fund

Published: 2012-10-19

Total Pages: 21

ISBN-13: 1475549210

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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

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 ...

Society at a Glance 2005 OECD Social Indicators
Society at a Glance 2005 OECD Social Indicators

Author: OECD

Publisher: OECD Publishing

Published: 2005-03-07

Total Pages: 89

ISBN-13: 9264007148

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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.

Society at a Glance 2019 OECD Social Indicators
Society at a Glance 2019 OECD Social Indicators

Author: OECD

Publisher: OECD Publishing

Published: 2019-03-27

Total Pages: 136

ISBN-13: 9264312854

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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 ...

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

Making Social Spending Work
Making Social Spending Work

Author: Peter H. Lindert

Publisher: Cambridge University Press

Published: 2021-04-08

Total Pages: 437

ISBN-13: 1108808239

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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

Author: Gillian MacNaughton

Publisher: Cambridge University Press

Published: 2018-06-28

Total Pages: 387

ISBN-13: 1108418155

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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

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2019-07-01

Total Pages: 146

ISBN-13: 9292616714

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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.

Social and Economic Policies in Korea
Social and Economic Policies in Korea

Author: Dong-Myeon Shin

Publisher: Routledge

Published: 2003-12-08

Total Pages: 265

ISBN-13: 1134467710

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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.

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.