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Labor Market Reforms In Korea
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Book Synopsis Pushing Ahead with Reform in Korea Labour Market and Social Safety-net Policies by : OECD
Download or read book Pushing Ahead with Reform in Korea Labour Market and Social Safety-net Policies written by OECD and published by OECD Publishing. This book was released on 2000-06-26 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows that government labour and social policies, together with improved basic workers’ rights, helped minimise the costs of Korea's economic and financial crisis while also contributing to overcome it.
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 Labor Market Reforms in Korea by : Funkoo Park
Download or read book Labor Market Reforms in Korea written by Funkoo Park and published by . This book was released on 2001 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises 17 papers which explore labour market reforms following the 1997 financial crisis. Covers income support programmes, labour law and labour market regulations, active labour market programmes and comparisons of the Korean experience with other countries.
Book Synopsis Strategies for Reforming Korea’s Labor Market to Foster Growth by : Mai Dao
Download or read book Strategies for Reforming Korea’s Labor Market to Foster Growth written by Mai Dao and published by International Monetary Fund. This book was released on 2014-07-25 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the Korean unemployment rates are currently among the lowest in OECD countries, the labor market duality and the underemployment in some segments of the population are important labor market challenges, and factors contributing to lower potential growth. The paper shows the benefits of comprehensive policy reforms aimed at increasing labor force participation and youth employment and reducing duality are likely to be considerable in the medium term.
Book Synopsis The Politics of Economic Reform in South Korea by : Tat Yan Kong
Download or read book The Politics of Economic Reform in South Korea written by Tat Yan Kong and published by Routledge. This book was released on 2013-10-11 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most comprehensive texts on the political economy of Korea available Up-to-date - goes up to 1999
Book Synopsis Labor Market Duality in Korea by : Johanna Schauer
Download or read book Labor Market Duality in Korea written by Johanna Schauer and published by International Monetary Fund. This book was released on 2018-06-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market duality is a complex and critical issue for many countries that can lower productivity, contribute to inequality and result in negative externalities. In this paper, I study duality in the Korean labor market and analyze its sources and potential policy options. I find that employment protection legislations and large productivity differentials are the key drivers of Korea’s duality. In addition, applying a general equilibrium search-and-matching model and calibrating it to the Korean economy, I show that well-calibrated flexicurity policies can significantly reduce duality and inequality and raise welfare and productivity. Notably, the introduction of all three pillars—flexiblity, a strong safety net and active labor market policies—is critical for its success. If only one pillar is introduced it can result in negative side-effects and might not reduce duality.
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 2014-02-25 with total page 249 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 Labor Market Developments and Reforms in Korea by : Ju Ho Lee
Download or read book Labor Market Developments and Reforms in Korea written by Ju Ho Lee and published by . This book was released on 1997 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Benefit Reforms for Inclusive Societies in Korea Income Security During Joblessness by : OECD
Download or read book Benefit Reforms for Inclusive Societies in Korea Income Security During Joblessness written by OECD and published by OECD Publishing. This book was released on 2023-05-11 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Protecting people, rather than specific jobs, plays a key role in promoting labour-market inclusiveness and dynamism. Effective unemployment benefits reduce inequality, and raise productivity by facilitating a good match between workers’ skills and job requirements.
Book Synopsis The Evolution of Korean Industrial and Employment Relations by : Young-Myon Lee
Download or read book The Evolution of Korean Industrial and Employment Relations written by Young-Myon Lee and published by Edward Elgar Publishing. This book was released on 2018-06-29 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Evolution of Korean Industrial and Employment Relations explores current employment and workplace relations practice in South Korea, tracing their origins to key historical events and giving cultural, politico-economic and global context to the inevitable cultural adaptation in one of Asia’s ‘miraculous’ democracies.
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 2017-11-17 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 Reforming Asian Labor Systems by : Frederic C. Deyo
Download or read book Reforming Asian Labor Systems written by Frederic C. Deyo and published by Cornell University Press. This book was released on 2012-05-15 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Reforming Asian Labor Systems, Frederic C. Deyo examines the implications of post-1980s market-oriented economic reform for labor systems in China, South Korea, the Philippines, and Thailand. Adopting a critical institutionalist perspective, he explores the impact of elite economic interests and strategies, labor politics, institutional path dependencies, and changing economic circumstances on regimes of labor and social regulation in these four countries. Of particular importance are reform-driven socioeconomic and political tensions that, especially following the regional financial crisis of the late 1990s, have encouraged increased efforts to integrate social and developmental agendas with those of market reform. Through his analysis of the social economy of East and Southeast Asia, Deyo suggests that several Asian countries may now be positioned to repeat what they achieved in earlier decades: a prominent role in defining new international models of development and market reform that adapt to the pressures and constraints of the evolving world economy.
Book Synopsis Labour market reforms in Korea to promote inclusive growth by :
Download or read book Labour market reforms in Korea to promote inclusive growth written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Internal Labor Markets and Employment Transitions in South Korea by : Kim Sunghoon
Download or read book Internal Labor Markets and Employment Transitions in South Korea written by Kim Sunghoon and published by University Press of America. This book was released on 2005 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the value Korean employers and workers place on stable employment with a focus on the workers' want for more desirable transition outcomes as modified by various individual and structural factors, particularly labor market structure. Results of the analysis show that internal labor market structure has increased employment stability and the desirability of transition outcomes in Korea over time. Korea's industrialization has enabled internal labor market structure to mature to a level that has increased employment stability and the desirability of transition outcomes. This implies that Korea has experienced industrialization in such a short period that internal labor market structure has not matured enough to influence the ways in which other factors affect employment transition patterns. Results of the effects of labor market structure and other factors on employment transition patterns imply that Korea's industrialization has had mixed effects on workers' economic and social well-being. On the one hand, it has improved the overall level of workers' well being, yet on the other hand, it has increased heterogeneity in well being among different types of workers.
Book Synopsis East Asian Labor Markets and the Economic Crisis by : Gordon Betcherman
Download or read book East Asian Labor Markets and the Economic Crisis written by Gordon Betcherman and published by World Bank Publications. This book was released on 2001 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the impacts of the Asian economic crisis on the labor market, examining how various countries respondedIt identifies the labour policy reforms needed in areas of unemployment benefit, active labour market programs, support for vulnerable groups and social dialogue.
Download or read book Retreat from Reform written by Asia Watch and published by Human Rights Watch. This book was released on 1990 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book South Korea written by Young-Chan Kim and published by Elsevier. This book was released on 2008-12-30 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Korea: Challenging globalisation and the post-crisis reforms examines the major economic issues flowing from the Korean financial crisis of 1997 and covers such issues as industrial relations, macroeconomic sectors, the role of administrations, and corporates’ globalisation process by over-expanded foreign direct investment. The chapters contained in this book are written by a wide variety of contributors, including a former government technocrat, president’s advisory board member, plus leading Korean economy specialists. Includes empirical surveys from the leading academics in Korea Exclusively research methodology on each topic First attempt to explain limited but historically important period economic policy
