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The Role Of Fiscal Policy And Financing Social Development In Korea
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Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1498344658 Total Pages :257 pages Book Rating :4.4/5 (983 download)
Book Synopsis Fiscal Policy and Long-Term Growth by : International Monetary Fund
Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Book Synopsis Human Capital and Development by : Ju-Ho Lee
Download or read book Human Capital and Development written by Ju-Ho Lee and published by Edward Elgar Publishing. This book was released on with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.
Book Synopsis Fiscal Sustainability of Health Systems Bridging Health and Finance Perspectives by : OECD
Download or read book Fiscal Sustainability of Health Systems Bridging Health and Finance Perspectives written by OECD and published by OECD Publishing. This book was released on 2015-09-24 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The health systems we enjoy today, and expected medical advances in the future, will be difficult to finance from public resources without major reforms. Public health spending in OECD countries has grown rapidly over most of the last half century. These spending increases have contributed to ...
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 Korea's Political Economy by : Lee-Jay Cho
Download or read book Korea's Political Economy written by Lee-Jay Cho and published by Routledge. This book was released on 2019-03-07 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past three decades, South Korea has moved along a path of strong economic growth and political democratization, attracting worldwide attention and providing valuable lessons for other developing economies. Yet Korea still must grapple with many intractable problems fueled by its rapid industrialization and uneven growth, including unbalanced distribution of wealth, concentrated economic power, and adversarial relationships between management and labor. Within the context of these sweeping changes, this volume explores options for economic and social institutional reform in Korea. Drawing on models of economic development from Japan, the United States, and Europe, a distinguished group of Asian and Western scholars relates the experiences of previously industrialized economies to each facet of Koreas economic system, including national management; taxation and banking; land ownership and use; trade and industrial strategy; and relations among business ownership, management, and labor. In so doing, the contributors provide valuable insights and fresh proposals for a viable model of social and economic modernization. Throughout the volume, the contributors emphasize the importance of Koreas cultural heritage-not only in explaining the nations recent growth but also as a key element of its continued success. By providing an overview of the evolution and interaction of Korean economic, political, and sociocultural institutions, the contributors make clear how these structures mediate the movement between cultural values and economic progress.
Book Synopsis Public Finances During the Korean Modernization Process by : Roy W. Bahl
Download or read book Public Finances During the Korean Modernization Process written by Roy W. Bahl and published by Harvard Univ Asia Center. This book was released on 1986 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preliminary Material /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Budgetary Policies and Performance /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Fiscal and Economic Development: Korean Versus Traditional Patterns /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --The Development of the Korean Tax Structure /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Modernization and the Long-Term Growth of Korean Government Expenditures /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --The Distributional Effects of the Korean Budget /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Korean Public Finances During Modernization: A Summing Up /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Appendix A /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Appendix B /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Notes /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Bibliography /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Index /Roy Bahl , Kyo Kim Chuk and Kee Park Chong --Harvard East Asian Monographs /Roy Bahl , Kyo Kim Chuk and Kee Park Chong.
Book Synopsis Korea as a Knowledge Economy by : Chung-hae S?
Download or read book Korea as a Knowledge Economy written by Chung-hae S? and published by World Bank Publications. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea's development process offers valuable lessons for other developing and less developed economies. In particular, the way Korea uses outside technologies, by accumulating indigenous capabilities, is still valid in the era of the knowledge economy. This volume examines the Korean model and Korea's march toward a knowledge economy from a poverty-ridden economy before the launch of full-scale industrialization in the early 1960s. It also emphasizes Korea's achievements, as well as remaining tasks within the four pillars of the knowledge economy, with a common theme throughout -- how Korea has narrowed the gaps in its knowledge and institutions in global competition with world leaders.
Book Synopsis Finance and Economic Development in Korea by : Yŏng-chʻŏl Pak
Download or read book Finance and Economic Development in Korea written by Yŏng-chʻŏl Pak and published by 대외경제정책연구원. This book was released on 2004 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Foreign Aid and Development in South Korea and Africa by : Kelechi A. Kalu
Download or read book Foreign Aid and Development in South Korea and Africa written by Kelechi A. Kalu and published by Routledge. This book was released on 2021-08-15 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book compares the rapid development of South Korea over the past 70 years with selected countries in sub-Saharan Africa to assess what factors contributed to the country’s success story, and why it is that countries that were comparable in the past continue to experience challenges in achieving and sustaining economic growth. In the 1950s, South Korea’s GDP per capita was $876, roughly comparable with that of Cote d’Ivoire and somewhat below Ghana’s. The country’s subsequent transformation from a war-ravaged, international aid-dependent economy to the 13th largest economy in the world has been the focus of considerable international admiration and attention. But how was it that South Korea succeeded in multiplying its GDP per capita by a factor of 23, while other Less Developed Countries continue to experience challenges? This book compares South Korea’s politics of development and foreign assistance with that of Ghana, Nigeria, and Zambia, which were also major recipients of the U.S. aid, to investigate the specific contexts that made it possible for South Korea to achieve success. Overall, this book argues that effective state capacity in South Korea’s domestic and international politics provided an anchor for diplomatic engagement with donors and guided domestic political actors in the effective use of aid for economic development. This book will be of interest to researchers and students working on development, comparative political economy, and foreign aid, and to policy makers and practitioners looking for a greater understanding of comparative development trajectories.
Book Synopsis An Agenda for Economic Reform in Korea by : Kenneth Judd
Download or read book An Agenda for Economic Reform in Korea written by Kenneth Judd and published by Hoover Institution Press. This book was released on 2013-11-01 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Agenda for Economic Reform in Korea looks at Korea's economic problems from the perspective of the American experience with economic reforms and sheds new light on the problems of economic reform facing nations all over the world. The authors examine such issues as corporate governance, social welfare, labor relations, and other pressing challenges—and suggest a new vision for the Korean economy.
Download or read book Taxing Wages 2021 written by OECD and published by OECD Publishing. This book was released on 2021-04-29 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual publication provides details of taxes paid on wages in OECD countries. It covers personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by workers. Taxing Wages 2021 includes a special feature entitled: “Impact of COVID-19 on the Tax Wedge in OECD Countries”.
Book Synopsis OECD Tax Policy Studies Tax Policy Reform and Economic Growth by : OECD
Download or read book OECD Tax Policy Studies Tax Policy Reform and Economic Growth written by OECD and published by OECD Publishing. This book was released on 2010-11-03 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report investigates how tax structures can best be designed to support GDP per capita growth.
Book Synopsis Social Trust and Economic Development by : O. Yul Kwon
Download or read book Social Trust and Economic Development written by O. Yul Kwon and published by Edward Elgar Publishing. This book was released on 2019 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: In just one generation, South Korea has transformed from a recipient of foreign aid to a member of the G20. In this informative book, South Korea is used as a case by which to explore and illustrate specific issues arising from the complex relationships between the nation’s economic development and society. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}
Book Synopsis Fiscal Policy, Stabilization, and Growth by : Guillermo E. Perry
Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo E. Perry and published by World Bank Publications. This book was released on 2007-10-19 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.
Book Synopsis Improving Financial Literacy Analysis of Issues and Policies by : OECD
Download or read book Improving Financial Literacy Analysis of Issues and Policies written by OECD and published by OECD Publishing. This book was released on 2005-11-10 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the different types of financial education programmes currently available in OECD countries, evaluates their effectiveness, and makes suggestions to improve them.
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 Taxation And Economic Development Among Pacific Asian Countries by : Richard A Musgrave
Download or read book Taxation And Economic Development Among Pacific Asian Countries written by Richard A Musgrave and published by Routledge. This book was released on 2019-09-05 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: An array of case studies exploring evolving tax policy and economic development in Pacific Asian countries.
