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  • MPI Ethno. Forsch.  (15)
  • GBV
  • Jones, Randall  (10)
  • Agence pour l'Energie Nucléaire  (3)
  • Reisen, Helmut
  • Paris : OECD Publishing  (15)
  • Cambridge [u.a.] : Cambridge Univ. Press
  • Korea, Republic of  (15)
Datasource
  • MPI Ethno. Forsch.  (15)
  • GBV
Material
Language
Years
Author, Corporation
Publisher
  • Paris : OECD Publishing  (15)
  • Cambridge [u.a.] : Cambridge Univ. Press
Keywords
  • 1
    Online Resource
    Online Resource
    Korea's Green Growth Strategy : Mitigating Climate Change and Developing New Growth Engines (2011)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 32 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.798
    Keywords: Economics ; Korea, Republic of
    Abstract: Korea’s greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a “business as usual” baseline, implying a 4% cut from the 2005 level. Achieving this objective in a cost-effective manner requires moving from a strategy based on voluntary commitments by firms to market-based instruments. The priority is to establish a comprehensive cap-and-trade scheme, supplemented, if necessary, by carbon taxes in areas not covered by trading. Achieving a significant cut in emissions requires a shift from energy-intensive industries to low-carbon ones. Korea is strongly committed to promoting green growth through its Five-Year Plan, which envisages spending 2% of GDP per year through 2013. One challenge is to ensure that these expenditures are efficiently targeted so as to develop green technologies, while avoiding the risks inherent in industrial policy.
    DOI: 10.1787/5kmbhk4gh1ns-en
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  • 2
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    The Korean Financial System : Overcoming the Global Financial Crisis and Addressing Remaining Problems (2010)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 41 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.796
    Keywords: Economics ; Korea, Republic of
    Abstract: The intensification of the global financial crisis in late 2008 led to large capital outflows from Korea and turmoil in its capital markets. However, the prompt response by the government and the central bank stabilised Korea’s financial sector in early 2009 and recovery followed relatively quickly. In contrast to 1997, financial institutions have overcome the crisis without significant damage. Increased assistance for small and medium-sized enterprises has played a large role in overcoming the crisis, but should be scaled back to avoid supporting non-viable firms and to expand banks’ capacity for risk appraisal, leading to a more market-oriented financial system. As a small open economy, Korea also needs to reduce its vulnerability to sudden capital outflows. In addition, it is important to use prudential regulations effectively to limit the risk of mortgage lending, upgrade the corporate governance of financial institutions and develop securitisation by ensuring transparency.
    DOI: 10.1787/5kmbhk6d24ln-en
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  • 3
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    Travaux législatifs et réglementaires nationaux (2009)
    Paris : OECD Publishing
    In:  Revue économique de l'OCDE Vol. 2009, no. 1, p. 109-127
    Details
    ISSN: 1684-3444
    Language: French
    Pages: 19 p
    Parallel Title: Parallelausg. National Legislative and Regulatory Activities
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2009, no. 1, p. 109-127
    Keywords: Nuclear Energy ; Belgium ; Brazil ; France ; Ireland ; Japan ; Korea, Republic of ; Moldova, Republic of ; Romania ; Serbia ; Slovenia ; Switzerland ; Turkey ; United States
    Abstract: Le premier amendement modifie le financement des activités de l’Agence fédérale de contrôle nucléaire (AFCN) dans la mesure où une partie des frais de fonctionnement est transformée en ressource d’origine fiscale. En plus de ces ressources fiscales, des frais de fonctionnement et des amendes administratives, le financement peut s’opérer par le biais de donations, de legs et d’autres modes de financement.
    DOI: 10.1787/nuclear_law-v2009-art6-fr
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  • 4
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    Loi relative à la gestion des déchets radioactifs (République de Corée, 2009) (2009)
    Paris : OECD Publishing
    In:  Revue économique de l'OCDE Vol. 2009, no. 1, p. 129-145
    Details
    ISSN: 1684-3444
    Language: French
    Pages: 17 p
    Parallel Title: Parallelausg. Radioactive Waste Management Act (Republic of Korea, 2009)
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2009, no. 1, p. 129-145
    Keywords: Nuclear Energy ; Korea, Republic of
    Abstract: L’objectif de cette loi est la protection contre les dangers et les effets néfastes des déchets radioactifs et de contribuer à la sécurité du public et à la protection de l’environnement en instaurant les conditions d’une gestion sûre et efficace des déchets radioactifs.
    DOI: 10.1787/nuclear_law-v2009-art7-fr
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  • 5
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    Reforming the Tax System in Korea to Promote Economic Growth and Cope with Rapid Population Ageing (2009)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 45 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.671
    Keywords: Economics ; Korea, Republic of
    Abstract: Korea has one of the lowest tax burdens in the OECD area, reflecting its small public sector. However, rapid population ageing will put upward pressure on government spending. The challenge is to meet the long-run need for greater expenditures and tax revenue while sustaining strong economic growth. A pro-growth tax reform implies relying primarily on consumption taxes for additional revenue. There is also scope for raising personal income tax revenue from its current low level by broadening the base by reducing the exemptions for personal income. The planned cuts in the corporate tax rate should be financed at least in part by reductions in tax expenditures. The broadening of direct tax bases would also help finance an expansion of the earned income tax credit to address widening income inequality. In addition, the local tax system should be simplified and reformed to enhance the autonomy of local governments.
    DOI: 10.1787/226518762318
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  • 6
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    Sustaining Growth in Korea by Reforming the Labour Market and Improving the Education System (2009)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 42 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.672
    Keywords: Economics ; Korea, Republic of
    Abstract: A well-functioning labour market is essential to sustain rapid economic growth in the face of population ageing. Priorities are to reverse the rising share of non-regular workers, which has negative implications for both growth and equity, and encourage greater employment of women and youth, who are under-represented in the labour force. Attracting more women to employment requires increasing the availability of childcare, strengthening maternity leave and creating more family-friendly workplaces. Youth employment rates should be boosted by upgrading tertiary education through stronger competition and closer links to enterprises to reduce mismatches. Educational reform should be extended to elementary and secondary schools to enhance efficiency and decrease the burden of private tutoring. The age of retirement of employees should be raised by eliminating mandatory retirement and phasing out the retirement allowance. Active labour market policies should focus on policies to expand human capital rather than wage subsidies.
    DOI: 10.1787/226580861153
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  • 7
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    Boosting Productivity in Korea's Service Sector (2009)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 39 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.673
    Keywords: Economics ; Korea, Republic of
    Abstract: Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by weak competition in services resulting from strict product market regulation and the low level of import penetration and inflows of foreign direct investment (FDI). Increasing productivity growth in the service sector, which accounts for 67% of employment and 58% of value added in Korea, is essential to sustain high potential growth. The priority is to strengthen competition by eliminating domestic entry barriers, accelerating regulatory reform, upgrading competition policy and reducing barriers to trade and inflows of FDI. Another challenge is to enhance the performance and accelerate the restructuring of small and medium-sized enterprises, which account for over 90% of service-sector employment. Furthermore, it is essential to boost productivity in service industries with high growth potential, such as telecommunications and financial and business.
    DOI: 10.1787/226625875038
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  • 8
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    Législations nucléaires des pays de l'OCDE : Corée (2006)
    Paris : OECD Publishing
    Details
    ISBN: 9789264066403
    Language: French
    Pages: Online-Ressource
    Series Statement: Législations nucléaires des pays de l'OCDE
    Parallel Title: Parallelausg. Nuclear Legislation in OECD Countries; Korea
    Parallel Title: Parallelausg. Nuclear Legislation in OECD Countries: Korea
    Keywords: Nuclear Energy ; Korea, Republic of
    DOI: 10.1787/9789264066403-fr
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  • 9
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    Getting the Most Out of Public-Sector Decentralisation in Korea (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 31 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.468
    Keywords: Economics ; Korea, Republic of
    Abstract: This paper discusses policies to improve fiscal relations between levels of government to better meet the needs of citizens, an objective of the government’s “Roadmap for Decentralisation”. Although local government accounts for around half of total government spending, they have little autonomy and fiscal resources vary sharply between regions. The priority should be to enhance the independence of local authorities by establishing a clear division of responsibilities and transferring additional assignments to the local level. The general local governments should also have more influnence on education, while providing more support, through stronger linkages with the local education authorities, with a final aim of merger. The allocation of intergovernmental grants should be more transparent and the regulations attached to them should be relaxed to expand flexibility, while increasing reliance on block grants. Improving the fiscal federalism framework also requires more revenue raising power for local governments while simplifying the structure of local taxes. Greater accountability and rules are needed to ensure sound fiscal management by local governments. This Working Paper relates to the 2005 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/korea).
    DOI: 10.1787/570027228062
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  • 10
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    The Labour Market in Korea : Enhancing Flexibility and Raising Participation (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 22 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.469
    Keywords: Economics ; Korea, Republic of
    Abstract: This paper analyses the increasing dualism in the Korean labour market and the need to encourage greater labour force participation. Although the rising proportion of non-regular workers lowers labour costs and increases employment flexibility, it has a negative impact on both equity and efficiency over the long term. Relaxing employment protection for regular workers and increasing the coverage of the social safety net for non-regular workers would help limit the extent of dualism. Population ageing is projected to be exceptionally rapid in Korea, leading to a significant decline in the workforce by mid-century. Steps to boost the participation of women through family-friendly policies are a priority. It is also important to encourage employees to stay at firms beyond the age of 50. Making the wage system more dependent on productivity and less on seniority and implementing a company pension system in place of the retirement allowance would help maintain the employment of older persons. This Working Paper relates to the 2005 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/korea).
    DOI: 10.1787/548701741108
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  • 11
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    Sustaining High Growth Through Innovation : Reforming the R&D and Education Systems in Korea (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 53 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.470
    Keywords: Economics ; Korea, Republic of
    Abstract: With inputs of labour and capital slowing, sustaining high growth rates in Korea will increasingly depend on total factor productivity gains, which are in turn driven to a large extent by innovation. While a number of Korean firms are at the world technology frontier in areas such as ICT, the diffusion of technology to lagging sectors is a priority to sustain growth. This paper recommends policies to improve the science and technology system by upgrading the R&D framework, in part through closer linkages between firms, universities and the government, and enhanced intellectual property right protection. Strengthened competition, particularly in the service sector, is needed to promote the diffusion of new technologies. Innovation also requires policies to ensure the supply of high-quality human capital through reforms of tertiary education. This requires a restructuring of the university system through increased competition and deregulation, as well as additional financial resources to improve quality. This Working Paper relates to the 2005 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/korea).
    DOI: 10.1787/507484436664
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  • 12
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    Product Market Competition and Economic Performance in Korea (2004)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 45 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.399
    Keywords: Economics ; Korea, Republic of
    Abstract: Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy, increasing openness to international trade and foreign direct investment and improving the regulatory framework in network industries. In particular, the power of the Korea Fair Trade Commission should be expanded, while raising the level of sanctions and scaling back special treatment for certain sectors. Barriers to imports remain above the OECD average, particularly in agriculture, while the stock of inward direct investment is among the lowest in the OECD area. Restructuring plans in the network industries, notably electricity and gas, have lagged behind schedule. Price distortions and the absence of independent ...
    DOI: 10.1787/634035868056
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  • 13
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    Reforming the Public Expenditure System in Korea (2003)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 43 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.377
    Keywords: Economics ; Korea, Republic of
    Abstract: Although Korea has the second-lowest level of public spending among OECD countries at 22½ per cent of GDP, it faces strong upward spending pressures over the medium and longer term, which could threaten fiscal sustainability. This paper analyses the main features of Korea’s public expenditure system and reviews expenditure trends and the main forces behind them. The objective is to identify the major shortcomings in budget planning, management and control systems that have impeded better public sector performance. The paper concludes by proposing policy measures to enhance the effectiveness, efficiency and transparency of the public expenditure management system. These include managing public finance within a medium-term expenditure framework; making the budgetary system more comprehensive and transparent by consolidating special accounts and public funds and bringing extra-budgetary funds into the budget; introducing more flexible and results-focused public management to improve ...
    DOI: 10.1787/866056726747
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  • 14
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    Time-Varying Estimates on the Openness of the Capital Account in Korea and Taiwan (1991)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 25 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.42
    Keywords: Development ; Chinese Taipei ; Korea, Republic of
    Abstract: How open are the capital accounts in Korea and Taiwan? Has there been a trend towards more financial openness during the 1980s? This paper aims at answering both questions by estimating a model of interest determination first outlined by Edwards and Khan, in an extension suggested by Haque and Montiel. Use is made of a time-varying parameter estimation based on the Kalman filter technique, instead of the usual constant parameter estimation. The findings indicate a low degree of capital mobility for both Korea and Taiwan, and no trend towards more financial openness (except recently in Taiwan's interbank market). The dismantling of capital controls and of internal financial restrictions is thus likely to impose an important loss of monetary autonomy in both countries ...
    DOI: 10.1787/424740140426
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  • 15
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    Tax Revenue Implications of the Real Exchange Rate : Econometric Evidence from Korea and Mexico (1990)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 31 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.12
    Keywords: Development ; Korea, Republic of ; Mexico
    Abstract: The variety of channels through which devaluation of the exchange rate impacts on real tax receipts, calls for empirical clarification. This paper should be seen as a first attempt towards empirical evidence. It establishes the causal relationships between the real exchange rate and real tax receipts. A causality test rejects the hypothesis of unidirectional causality running from taxes to the exchange rate. The causal inferences from the Sims test allow to use the real exchange rate as an exogenous determinant in a simple simultaneous equation model. The model endogenises tax yields and tax bases to allow for a test of the significance and relevance of the exchange rate to explain variations in real tax receipts. An important insight results from the distinction of the direct (price) effect and indirect (output) effect of changes in the real exchange rate on tax receipts. A double-logarithmic version of the model with (seasonally adjusted) quarterly data is estimated for Korea and ...
    DOI: 10.1787/171303142365
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