Retirement Work And Pensions In Ageing Korea

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Retirement Work And Pensions In Ageing Korea
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Author : Jae-Jin Yang
language : en
Publisher: Routledge
Release Date : 2010-02-25
Retirement Work And Pensions In Ageing Korea written by Jae-Jin Yang and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-25 with Business & Economics categories.
Introduces readers to the impact of demographic changes in Korea, particularly the impact of these on work, retirement and pensions; and as importantly, provides an explanation for the reforms of public policy in these domains.
Korea S Retirement Predicament
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Author : Thomas R. Klassen
language : en
Publisher: Routledge
Release Date : 2013-07-31
Korea S Retirement Predicament written by Thomas R. Klassen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-31 with Social Science categories.
The distinguishing feature for many workers in South Korea is contractual – and often involuntary – retirement at a young age (mid-50s for most workers) followed by precarious and low-paying self-employment or contract work. In the past this practice, which is also found in other East Asian nations, provided firms with a youthful and highly productive workforce. However, with a rapidly aging population and shifts in the labour market, the existing arrangement is becoming less and less functional. This book examines how this retirement arrangement arose, and the policy reforms that have been both undertaken and proposed to allow workers to remain employed longer. The analysis focuses on the institutional constraints to reforms, as well as the impact forced retirement has on individuals. Using a multi-disciplinary and comparative approach, the authors study contractual mandatory retirement trends and policies in South Korea, and in doing so illuminate the political, social, legal, economic and labour market implications of this widespread practice. As nations across Asia face aging populations, this book will be welcomed by students and scholars interested in Korean studies, social policy, social welfare and gerontology. It will also be of great value to policy makers.
Pension Systems And Old Age Income Support In East And Southeast Asia
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Author : Donghyun Park
language : en
Publisher: Routledge
Release Date : 2012-03-15
Pension Systems And Old Age Income Support In East And Southeast Asia written by Donghyun Park and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-15 with Business & Economics categories.
Old age income support will be one of the biggest social and economic challenges facing Asia in the twenty-first century. The growing spotlight on old age income support is largely due to exceptionally rapid population aging which is fundamentally reshaping Asia’s demographic profile. A young continent reaping the demographic dividend of a large youthful workforce is giving way to a greying continent where the ratio of retirees to workers is on the rise. In contrast to industrialized countries, most Asian countries do not yet have mature, well-functioning pension systems. As a result, they are ill prepared to provide economic security for the large number of retirees who loom on the region’s horizon. This book takes a close look at the pension systems of eight countries in East and Southeast Asia – namely, China, Indonesia, Korea, Malaysia, Philippines, Singapore, Thailand and Vietnam – which encompass a wide range of income and development levels. The book provides a comprehensive overview of pension systems in the eight countries, including an in-depth diagnosis to identify their major weaknesses and shortcomings. On the basis of the diagnosis, the book sets forth concrete and specific policy options for reforming Asia’s pension systems. Many policy options for reform are country-specific. For example, a top priority in China is to extend the pension system to rural areas. At the same time, a number of reforms – such as the need to extend coverage – resonate across the entire region. Appropriate reform will enable the region’s pension systems to deliver affordable, adequate and sustainable old-age economic security.
South Korea S Demographic Dividend
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Author : Elizabeth Hervey Stephen
language : en
Publisher: Bloomsbury Publishing PLC
Release Date : 2019-01-14
South Korea S Demographic Dividend written by Elizabeth Hervey Stephen and has been published by Bloomsbury Publishing PLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-14 with Political Science categories.
South Korea’s Demographic Dividend: Echoes of the Past or Prologue to the Future? weaves together the compelling story of social and demographic effects of the economic miracle in South Korea. This exploration of social change examines the demographic dividend: a window of time when a large percentage of a country’s population is in the working ages as a result of low fertility and declining mortality. The working-age population benefits from a relatively small dependent population as the size of the elderly cohort is small and the percentage of children is decreasing. This allows the working-age cohort to amass savings and increase productivity. But what happens when that demographic dividend comes to a close and the working age population must support a large elderly population? For centuries South Koreans relied on the intergenerational Confucian contract whereby parents supported children with the reciprocal expectation that children would support their parents in their older years. In South Korea’s Demographic Dividend Dr. Stephen examines what happens to families—and the larger society— when this contract is broken. The book concludes with proposed policies that address the maintenance of social cohesion in light of structural changes in the personal and public spheres as a result of Korea’s unprecedented economic growth.
Aging In Asia
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Author : National Research Council
language : en
Publisher: National Academies Press
Release Date : 2012-07-31
Aging In Asia written by National Research Council and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-31 with Social Science categories.
The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.
Closing The Coverage Gap
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Author : Robert Holzmann
language : en
Publisher: World Bank Publications
Release Date : 2009-01-01
Closing The Coverage Gap written by Robert Holzmann 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 2009-01-01 with Business & Economics categories.
This title looks at water availability and water demand in various sectors, estimating the water gap today and through the year 2050. It presents a methodology to prioritise options to bridge the water gap, using the marginal cost of water approach.
The Oxford Handbook Of Pensions And Retirement Income
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Author : Gordon L. Clark
language : en
Publisher: Oxford University Press, USA
Release Date : 2006-07-20
The Oxford Handbook Of Pensions And Retirement Income written by Gordon L. Clark and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-20 with Business & Economics categories.
This handbook draws on research from a range of academic disciplines to reflect on the implications for provisions of pension and retirement income of demographic ageing. it reviews the latest research, policy related tools, analytical methods and techniques and major theoretical frameworks.
Ageing And Employment Policies Vieillissement Et Politiques De L Emploi Korea 2004
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2004-10-26
Ageing And Employment Policies Vieillissement Et Politiques De L Emploi Korea 2004 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 2004-10-26 with categories.
This report contains a survey of the main barriers to employment for older workers, an assessment of measures to overcome these barriers, and a set of policy recommendations for the Korea.
Ageing And Employment Policies Working Better With Age Korea
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2018-10-24
Ageing And Employment Policies Working Better With Age 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 2018-10-24 with categories.
Korea faces unique ageing and employment challenges. On the one hand, it will experience much faster population ageing than any other OECD country: the old-age dependency ratio (population aged 65+ over population aged 15-64), for example, is projected to increase from 20% today to around 70% ...
Oecd Reviews Of Pension Systems Korea
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2022-09-20
Oecd Reviews Of Pension Systems 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 2022-09-20 with categories.
This review provides policy recommendations on how to improve the Korean pension system, building on the OECD’s best practices in pension design. It details the key features of the Korean pension system and identifies its strengths and weaknesses based on cross-country comparisons. The Korean pension system consists of a mandatory pay-as-you-go public scheme, occupational schemes and voluntary individual schemes. The review also covers the first layer of old-age social protection in Korea. This review is the eighth in the series of OECD Reviews of Pension Systems.