Inclusive Growth Review Of Korea Creating Opportunities For All

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Inclusive Growth Review Of Korea

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Author : Oecd
language : en
Publisher: Org. for Economic Cooperation & Development
Release Date : 2021-02-08

Inclusive Growth Review Of Korea written by Oecd and has been published by Org. for Economic Cooperation & Development this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-08 with categories.

Inclusive Growth Review Of Korea Creating Opportunities For All

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2021-02-08

Inclusive Growth Review Of Korea Creating Opportunities For All written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-08 with categories.

In recent years Korea has stepped up efforts to reduce inequalities in recognition that a fairer economic model is also the most sustainable one. In order to support this new policy direction, the OECD has carried out novel analysis of inclusive growth building on its Framework for Policy Action, developed by the OECD to improve the prospects of the groups left behind.

Korea S Paradigm Shift For Sustainable And Inclusive Growth A Proposal

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Author : Yangkyoon Byeon
language : en
Publisher: International Monetary Fund
Release Date : 2017-11-20

Korea S Paradigm Shift For Sustainable And Inclusive Growth A Proposal written by Yangkyoon Byeon and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-20 with Business & Economics categories.

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.

Korea S Paradigm Shift For Sustainable And Inclusive Growth

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Author :
language : en
Publisher:
Release Date : 2017

Korea S Paradigm Shift For Sustainable And Inclusive Growth written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.

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.

Development Centre Studies Can Social Protection Be An Engine For Inclusive Growth

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2019-04-24

Development Centre Studies Can Social Protection Be An Engine For Inclusive Growth written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-24 with categories.

The potential role of social protection in the development process has received heightened recognition in recent years, yet making a strong investment case for social protection remains particularly challenging in many emerging and developing countries. This report challenges us to think deeply about the economic rationale for social protection investments through an inclusive development lens. It helps us understand the links between social protection, growth and inequality; how to measure those links empirically; social protection’s impact on inclusive growth; and how to build a more solid economic case for greater social protection investments.

Development Centre Studies Industrial Policy And Territorial Development Lessons From Korea

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2012-05-16

Development Centre Studies Industrial Policy And Territorial Development Lessons From Korea written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-16 with categories.

This report reviews the Korean catching up and it analyzes the recent reforms which have been put in place to address the territorial dimension in the design and implementation of industrial policies, with a view to share knowledge and policy ...

Oecd Reviews Of Innovation Policy Korea 2023

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2023-07-31

Oecd Reviews Of Innovation Policy Korea 2023 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-31 with categories.

The "Miracle on the River Han" catapulted Korea from developing country to a prosperous economy, driven in part by advancements in science, technology, and innovation. Being the second-highest R&D spender among OECD economies, Korea excels in key technologies, including semiconductors, 6G, and ICT infrastructure.

Oecd Development Co Operation Peer Reviews Korea 2018

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2018-02-07

Oecd Development Co Operation Peer Reviews Korea 2018 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-07 with categories.

Korea is often cited as a leading example of how sound economic policies can drive growth and development, blazing a trail from poverty to advanced industrialisation throughout the 1970s and 1980s.

Oecd Economic Surveys Korea 2022

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2022-09-19

Oecd Economic Surveys Korea 2022 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-19 with categories.

Sound health management and supportive policies helped Korea emerge swiftly from the pandemic. The recovery is set to continue as pandemic-era restrictions on contact-intensive services are shelved, despite the Russia-Ukraine war raising inflation and highlighting the need to increase supply chain resilience.

Innovative Korea

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Author : Hoon Sahib Soh
language : en
Publisher: World Bank Publications
Release Date : 2023-08-25

Innovative Korea written by Hoon Sahib Soh and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-25 with Business & Economics categories.

The Republic of Korea today is a highly industrialized, global leader in innovation and technology. It is the 10th largest economy in the world and has a per capita income approaching the average of OECD countries. In the 1950s, however, it was one of the world’s poorest countries, with decidedly bleak prospects. Its transformation has made Korea a well-known case study of successful development. Innovative Korea: Leveraging Innovation and Technology for Development summarizes the sources of Korea’s remarkable growth and the policies and institutional reforms that made it possible. The report focuses on Korea’s successful transition from a middle-income to a high-income economy. Korea escaped from the “middle-income trap†? by fundamentally transforming its growth paradigm to a more private-sector-led model emphasizing market competition, innovation, and technology. Compared to the previous emphasis on large fi rms and industries, the government became more focused on promoting small and medium enterprises and technology entrepreneurs. Exports expanded significantly through greater integration in global value chains. Already-high levels of human capital development were complemented by an expanded social safety net and a more integrated approach to education and training. Korea succeeded by focusing on the foundations of long-run growth, building global capabilities in innovation and technology, and adapting and evolving its growth paradigm to promote new sources of growth. Innovative Korea, jointly prepared by the World Bank and the Korea Development Institute, provides useful insights on Korea’s development story and practical lessons for public policy making.