Long-term Projection of Social Expenditure in Korea


Book Description

Chapter 1 Research Background, Objectives and Structure Ⅰ. Research background Ⅱ. Research objectives and structure Chapter 2 OECD SOCX Categories Ⅰ. OECD SOCX Ⅱ. Application of OECD SOCX to the 2013 Korean government budget Ⅲ. Limits of applying OECD SOCX classification to Korea, and future tasks Chapter 3 Expenditure Projection Method Ⅰ. Overview Ⅱ. Expenditure projection method Chapter 4 Social Insurance Fiscal Projections Ⅰ. National Pension Ⅱ. Civil service occupational pensions Ⅲ. National Health Insurance (NHI) and Long-term Care Insurance for the Elderly (LTCIE) Ⅳ. Unemployment Insurance (UI) and Workers Compensation Insurance (WCI) Chapter 5 Projections of Social Expenditure Finance by General Revenue (other than Social Insurance) Ⅰ. Programs for structured long-term projection model Ⅱ. Programs for simple projection model Chapter 6 Social Expenditure Projection Results and International Comparison Ⅰ. Social expenditure projection results Ⅱ. Social expenditure in major OECD countries Chapter 7 Conclusion and Policy Implications Ⅱ. Summary Ⅱ. Policy implications ■References ■Appendices [Appendix 1] Demographic and economic assumptions [Appendix 2] Application of the inflation rate as the rate of increase in general fiscal expenditure




Projecting Social Security Expenditure and Total Tax Burden in Korea


Book Description

CHAPTER 1 Background CHAPTER 2 Demographic Structure and Social Expenditure 1. Projections of social expenditure in Korea 2. Projections of social expenditure in OECD countries in relation to the population aging CHAPTER 3 Forecasting Social Expenditure Through Panel Analysis 1. Scope and method of estimation 2. Estimation results CHAPTER 4 Conclusion and Implications 1. Comparison of estimation of social expenditure in key OECD countries 2. Comparison of long-term social expenditure of Korea from panel analysis with component estimation method 3. Projection of the Total Tax Revenue References




Strengthening Social Cohesion in Korea


Book Description

This report suggests policy options, based on the practices and reforms of other countries, in the following four areas: I) Income Distribution and Poverty; II) Tackling the Duality of the Labour Market; III) Early Childcare; and IV) Moving beyond Hospitals to better Care in the Community.




Fiscal Sustainability of Health Systems Bridging Health and Finance Perspectives


Book Description

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 ...




Routledge Handbook of Korean Politics and Public Administration


Book Description

The Routledge Handbook of Korean Politics and Public Administration gathers the expertise of leading international scholars to survey the full spectrum of contemporary South Korean international relations, public management, and public policies. Divided into four parts, the handbook covers a range of issues including: domestic Korean political parties, elections and leadership, foreign policy, national security and relations with North Korea, public administration, governance and finance, and economic, social and environmental public policies. Offering a complete overview of the field, the handbook is an invaluable resource for academics, researchers, policy analysts, graduate and undergraduate students studying South Korean Politics and International Relations as well as East Asian Politics.




OECD Economic Surveys: Korea 2012


Book Description

OECD's 2012 Economic Survey of Korea examines recent economic developments, policies and prospects. In addition, it includes special chapters covering sustaining convergence to the highest-income countries and promoting social cohesion.




OECD Economic Surveys: Korea 2018


Book Description

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 ...




OECD Economic Surveys: Korea 2007


Book Description

This 2007 edition of OECD's periodic Economic Survey of Korea examines key economic challenges now being faced there. After an examination of recent macroeconomic trends, it looks at monetary policy, housing and regional policies, the fiscal ...




Facing the Future Korea's Family, Pension and Health Policy Challenges


Book Description

Korea faces an extraordinary ageing challenge. Korea will age much faster than other OECD countries: in 2000, about 7% of Korea’s population were over 65; in 2050, senior citizens will constitute about 37% of Korea’s population. Population ageing ...




Working Better with Age


Book Description

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.