OECD economic surveys Korea 2014

OECD's 2014 Economic Survey of Korea examines recent economic developments, policies and prospects. Special chapters cover fostering a creative economy and reducing income inequality and poverty.

Detalles Bibliográficos
Autor principal: Organisation for Economic Co-operation and Development (author)
Autores Corporativos: Organisation for Economic Co-operation and Development, author (author), Organisation for Economic Co-operation and Development, sponsoring body (sponsoring body)
Formato: Libro electrónico
Idioma:Inglés
Publicado: [Paris, France] : OECD 2014.
Colección:OECD Economic Surveys,
OECD Economic Surveys : Korea
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705481706719
Tabla de Contenidos:
  • Table of contents; Basic statistics of Korea, 2012; Executive summary; Main findings; Key recommendations; Fostering a creative economy; Promoting social cohesion and well-being; Sustaining the economic expansion; Assessment and recommendations; Figure 1. Korea's economy has rebounded after a period of subdued output growth; Figure 2. Well-being indicators suggest a number of weaknesses in Korea; Korea's economic expansion and macroeconomic policies to sustain it; Figure 3. Inflation is well below the central bank's target range; Table 1. Macroeconomic indicators and projections
  • Figure 4. The won has fluctuated widelyFigure 5. Foreign exchange reserves are three times higher than short-term foreign debt; Macroeconomic policy recommendations; A new economic paradigm for Korea: Fostering a creative economy; Figure 6. Korea has achieved rapid economic development; Table 2. Sources of Korean growth; Improving the innovation system; Framework conditions to promote a creative economy; Figure 7. Korea's international linkages in science and innovation are weak; Attracting new players in innovation; Figure 8. Korea's venture capital market has rebounded in recent years
  • Table 3. Sources of SME financingFigure 9. The performance of small SMEs in Korea has been deteriorating; Figure 10. Commercial bank loans to SMEs have risen sharply; Figure 11. Korea's banking sector is well-capitalised; Focusing innovation and new players on new fields; Figure 12. Service sector productivity is low in Korea; Figure 13. Services' value-added in total exports in 2009; Figure 14. Greenhouse gas emissions are rising in Korea; Key policy recommendations to foster a creative economy; Promoting social cohesion and well-being
  • Figure 15. Increased income inequality has squeezed the middle classPolicies to reduce inequality and promote social mobility; Figure 16. Korea has a wide wage dispersion and a high share of low-wage workers; Table 4. The employment rate targets set by the roadmap; Figure 17. Korea's employment rate lags behind the most advanced countries; Figure 18. Public social spending in Korea is relatively low; Reforming education to promote social cohesion; Figure 19. Household income is closely linked with outlays and participation in private tutoring
  • Reducing the high rate of poverty among the elderlyFigure 20. Relative poverty rates by age group; Figure 21. The suicide rate of the elderly in Korea is the highest in the OECD area; Figure 22. The coverage of the National Pension Scheme is low; Figure 23. The National Pension Scheme is projected to fall into deficit in 2044; Coping with high household debt; Figure 24. Gross household debt has risen sharply; Key policy recommendations to promote social cohesion and well-being; Bibliography; Annex A1. The Three-year Plan for Economic Innovation
  • Figure A1.1. The Three-year Plan for Economic Innovation