Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Korea was among the first countries reviewed in the OECD Reviews of Regulatory Reform Series. Since the first review in 2000, Korea has made bold efforts to enhance conditions for long term growth: promoting regulatory reform, cutting red tape, strengthening competition policy and market openness. The Korean government has also modernised  its regulatory framework for information technologies, an area where Korea plays a leading role among OECD countries. This publication assesses progress since 2000 and analyses many of the lessons of implementation of regulatory reform. It highlights possible responses to current challenges. These include the pressures of an ageing society, future welfare needs and human capital development. The study includes a new special chapter on tertiary education, where improvements in the regulatory framework can yield significant benefits for future innovation and productivity.

Deregulation -- Korea (South). --- Deregulation. --- Korea (South) -- Commerce. --- Korea (South) -- Economic conditions -- 1960-1988. --- Deregulation --- Industrial Management --- Management --- Business & Economics --- Industries --- Regulatory reform --- Law and legislation --- Industrial policy --- Trade regulation --- Korea (South) --- Commerce. --- Economic conditions

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This Selected Issues paper on the Republic of Korea reviews near-term economic prospects and risks. Korea experiences solid growth with low inflation, and vulnerabilities to potential shocks appear low. With Korea aging at an almost unprecedented rate, spending on pensions, health, and long-term care could rise by as much as 11 percent of GDP over the long term, threatening fiscal sustainability. Although risks facing financial institutions appear quite manageable, the authorities have focused on risks to the highly indebted household sector.

Fiscal policy -- Korea (South). --- Korea (South) -- Economic conditions. --- Pensions -- Korea (South). --- Exports and Imports --- Finance: General --- Money and Monetary Policy --- Public Finance --- Industries: Financial Services --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Trade: General --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Taxation, Subsidies, and Revenue: General --- National Government Expenditures and Related Policies: General --- Debt --- Debt Management --- Sovereign Debt --- Public finance & taxation --- Finance --- International economics --- Monetary economics --- Pensions --- Exports --- Currencies --- Revenue administration --- Expenditure --- Financial institutions --- International trade --- Public debt --- Expenditures, Public --- Money --- Revenue --- Debts, Public --- Korea, Republic of --- Fiscal policy --- Korea (South) --- Economic conditions.