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Labor Market Reforms In Korea
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Book Synopsis Inequality in the Workplace by : Jiyeoun Song
Download or read book Inequality in the Workplace written by Jiyeoun Song and published by Cornell University Press. This book was released on 2014-02-06 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past several decades have seen widespread reform of labor markets across advanced industrial countries, but most of the existing research on job security, wage bargaining, and social protection is based on the experience of the United States and Western Europe. In Inequality in the Workplace, Jiyeoun Song focuses on South Korea and Japan, which have advanced labor market reform and confronted the rapid rise of a split in labor markets between protected regular workers and underprotected and underpaid nonregular workers. The two countries have implemented very different strategies in response to the pressure to increase labor market flexibility during economic downturns. Japanese policy makers, Song finds, have relaxed the rules and regulations governing employment and working conditions for part-time, temporary, and fixed-term contract employees while retaining extensive protections for full-time permanent workers. In Korea, by contrast, politicians have weakened employment protections for all categories of workers.In her comprehensive survey of the politics of labor market reform in East Asia, Song argues that institutional features of the labor market shape the national trajectory of reform. More specifically, she shows how the institutional characteristics of the employment protection system and industrial relations, including the size and strength of labor unions, determine the choice between liberalization for the nonregular workforce and liberalization for all as well as the degree of labor market inequality in the process of reform.
Book Synopsis Labour Market Reforms in Portugal 2011-15 A Preliminary Assessment by : OECD
Download or read book Labour Market Reforms in Portugal 2011-15 A Preliminary Assessment written by OECD and published by OECD Publishing. This book was released on 2017-02-21 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report evaluates the comprehensive labour market reforms undertaken in Portugal in 2011-15. It reviews reforms in employment protection legislation, unemployment benefits, activation, collective bargaining, minimum wages and working time, and assesses the available evidence on their impact.
Book Synopsis Advancing Labor Market Reforms in Korea by : Stella Tam
Download or read book Advancing Labor Market Reforms in Korea written by Stella Tam and published by International Monetary Fund. This book was released on 2024-08-23 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines structural challenges facing the Korean labor market and analyzes the macroeconomic effects of potential labor market reforms. Our cross-country empirical analysis finds that easing of employment protection legislation tends to have positive macroeconmic effects during periods of strong growth but could turn contractionary in periods of slack. By contrast, increased spending on active labor market policies and reductions to the labor tax wedge tend to be more effective in periods of slack. Our analysis thus highlights the importance of considering economic and policy conditions when designing labor market reforms. Under the current disinflationary policy stance, the government’s focus on the working hour reform seems appriorate. With growth recovering, deregulation to reduce employment protection for regular workers can also be considered, combined with targeted support to vulnerable groups.
Book Synopsis OECD Economic Surveys: Korea 2018 by : OECD
Download or read book OECD Economic Surveys: Korea 2018 written by OECD and published by OECD Publishing. This book was released on 2018-06-20 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 ...
Book Synopsis OECD Economic Surveys: Korea 2020 by : OECD
Download or read book OECD Economic Surveys: Korea 2020 written by OECD and published by OECD Publishing. This book was released on 2020-08-11 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Political Economy of Reform Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries by : Tompson William
Download or read book The Political Economy of Reform Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries written by Tompson William and published by OECD Publishing. This book was released on 2009-08-24 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: By looking at 20 reform efforts in ten OECD countries, this report examines why some reforms are implemented and other languish.
Book Synopsis The Cambridge Handbook of Labor and Democracy by : Angela B. Cornell
Download or read book The Cambridge Handbook of Labor and Democracy written by Angela B. Cornell and published by Cambridge University Press. This book was released on 2022-01-20 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are currently witnessing some of the greatest challenges to democratic regimes since the 1930s, with democratic institutions losing ground in numerous countries throughout the world. At the same time organized labor has been under assault worldwide, with steep declines in union density rates. In this timely handbook, scholars in law, political science, history, and sociology explore the role of organized labor and the working class in the historical construction of democracy. They analyze recent patterns of democratic erosion, examining its relationship to the political weakening of organized labor and, in several cases, the political alliances forged by workers in contexts of nationalist or populist political mobilization. The volume breaks new ground in providing cross-regional perspectives on labor and democracy in the United States, Europe, Latin America, Africa, and Asia. Beyond academia, this volume is essential reading for policymakers and practitioners concerned with the relationship between labor and democracy.
Download or read book Working Better with Age written by OECD and published by Org. for Economic Cooperation & Development. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currently, Japan has the highest old-age dependency ratio of all OECD countries, with a ratio in 2017 of over 50 persons aged 65 and above for every 100 persons aged 20 to 64. This ratio is projected to rise to 79 per hundred in 2050. The rapid population ageing in Japan is a major challenge for achieving further increases in living standards and ensuring the financial sustainability of public social expenditure. However, with the right policies in place, there is an opportunity to cope with this challenge by extending working lives and making better use of older workers' knowledge and skills. This report investigates policy issues and discusses actions to retain and incentivise the elderly to work more by further reforming retirement policies and seniority-wages, investing in skills to improve productivity and keeping up with labour market changes through training policy, and ensuring good working conditions for better health with tackling long-hours working culture.
Book Synopsis Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal by : Yangkyoon Byeon
Download or read book Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal written by Yangkyoon Byeon and published by International Monetary Fund. This book was released on 2017-11-20 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Global Employment Trends by : Claire Harasty
Download or read book Global Employment Trends written by Claire Harasty and published by International Labour Organization. This book was released on 2003 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating the most recent data available for 2002, this report analyses current labour market trends and examines the impact of the global economic downturn and post 11 September developments upon different world regions. Covering Latin America and the Caribbean, East Asia, South East Asia, the Middle East and North Africa and sub-Saharan Africa, the transition economies and industrial countries, it focuses on the distinct labour market characteristics and challenges faced by each region and economic group. It also traces factors contributing to the global employment decline, such as the increase in informal sector employment, the decrease in employment in information and communication technology, as well as extensive jobs losses in the travel and tourism industries and the export and labour-intensive manufacturing sectors.
Book Synopsis Differences and Changes in Wage Structures by : Richard B. Freeman
Download or read book Differences and Changes in Wage Structures written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.
Book Synopsis Skilling Up Vietnam by : Christian Bodewig
Download or read book Skilling Up Vietnam written by Christian Bodewig and published by World Bank Publications. This book was released on 2014-07-02 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: The demand for workforce skills is changing in Vietnam’s dynamic economy. In addition to job-specific skills, Vietnamese employers value cognitive skills, like problem solving, and behavioral skills, like team work. This book presents an agenda of change for Vietnam’s education system to prepare workers to succeed in Vietnam’s modernizing economy.
Book Synopsis Good Jobs for All in a Changing World of Work The OECD Jobs Strategy by : OECD
Download or read book Good Jobs for All in a Changing World of Work The OECD Jobs Strategy written by OECD and published by OECD Publishing. This book was released on 2018-12-04 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The labour markets of OECD and emerging economies are undergoing major transformations. The widespread slow-down in productivity and wage growth and high levels of income inequality in many countries are coupled with structural changes linked to the digital revolution, globalisation and ...
Book Synopsis Workforce Development in the Republic of Korea by : Young-Hyun Lee
Download or read book Workforce Development in the Republic of Korea written by Young-Hyun Lee and published by . This book was released on 2007 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Organizing at the Margins by : Jennifer Jihye Chun
Download or read book Organizing at the Margins written by Jennifer Jihye Chun and published by ILR Press. This book was released on 2011-01-15 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The realities of globalization have produced a surprising reversal in the focus and strategies of labor movements around the world. After years of neglect and exclusion, labor organizers are recognizing both the needs and the importance of immigrants and women employed in the growing ranks of low-paid and insecure service jobs. In Organizing at the Margins, Jennifer Jihye Chun focuses on this shift as it takes place in two countries: South Korea and the United States. Using comparative historical inquiry and in-depth case studies, she shows how labor movements in countries with different histories and structures of economic development, class formation, and cultural politics embark on similar trajectories of change. Chun shows that as the base of worker power shifts from those who hold high-paying, industrial jobs to the formerly "unorganizable," labor movements in both countries are employing new strategies and vocabularies to challenge the assault of neoliberal globalization on workers' rights and livelihoods. Deftly combining theory and ethnography, she argues that by cultivating alternative sources of "symbolic leverage" that root workers' demands in the collective morality of broad-based communities, as opposed to the narrow confines of workplace disputes, workers in the lowest tiers are transforming the power relations that sustain downgraded forms of work. Her case studies of janitors and personal service workers in the United States and South Korea offer a surprising comparison between converging labor movements in two very different countries as they refashion their relation to historically disadvantaged sectors of the workforce and expand the moral and material boundaries of union membership in a globalizing world.
Book Synopsis Globalization, Flexibilization and Working Conditions in Asia and the Pacific by : Sangheon Lee
Download or read book Globalization, Flexibilization and Working Conditions in Asia and the Pacific written by Sangheon Lee and published by Elsevier. This book was released on 2008-09-30 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents a unique study which reviews employment conditions in Asia and the Pacific in the context of globalization and increasing pressure towards flexibilization. It places a strong focus on the diverging experiences of individual workers in their employment conditions such as employment status, wages/incomes, working time, work organizations and health and safety. Along with thematic studies concerning the roles of workers voice and labour regulation in determining employment conditions, this book includes nine country studies which have been undertaken based on a common research framework for a more rigorous comparison in the region. - A systematic review of employment conditions in the countries which are carefully selected in the region - National-level analysis based on a common research framework - A highly analytical and timely analysis of workers voice and labour regulation with respect to employment conditions
Book Synopsis Retirement in Japan and South Korea by : Masa Higo
Download or read book Retirement in Japan and South Korea written by Masa Higo and published by . This book was released on 2017-04-13 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses reforms to retirement policies in Japan and South Korea, especially in the context of rapid population ageing. A defining feature of the labour markets and workplaces in these two nations, and the lives of workers and families, is involuntary retirement at relatively young ages. The book explains past developments and recent reforms of retirement policies both in the two countries, as well as in a cross-national comparative manner. At the core of the book is an examination of the social, economic and political conflicts around retirement, such as between younger and older workers, between employers and governments, and between employers and workers. The policy recommendations offered apply not only to Japan and South Korea, but also to other nations such as China. The volume is of value particularly for those interested in labour markets and workplaces, population ageing and contemporary East Asia, in addition to those studying retirement and pensions. Policymakers, business leaders, worker organizations, researchers and students will benefit from the insights about the past, present and future of retirement.
