The service industry makes up more than 57%2) of the total annual value added in Korea and provides almost 70% of the jobs of the economy. While a portion of the industry is growing continuously, in terms of labor productivity, the productivity of the service sector has continued to decline, and...

One of the main implications of China’s policy paradigm shift, Xin Chang Tai is that the government starts to concentrate its domestic market to pursue quality of economy development rather than expansion of their economic size. Since the Korean petrochemical industry has heavily relied on...

Being technology and knowledge-intensive and high valued, the engineering industry enhances the competitiveness and productivity of related industries. Moreover, recent economic circumstances continue to raise the significance of the engineering realm, not only along with the spread of...

The purpose of the minimum wage is to stabilize a worker’s life and improve the quality of the labor force by guaranteeing a minimum level of wages, thereby contributing to the sound development of the national economy (MINIMUM WAGE ACT.)The Minimum Wage Council (MWC) consists of 27 members...

This study analyzes the current state of part-time jobs for women, focusing on decent part-time jobs, and draws policy implications from the perspective of the part-time work model. For the female part-time work model, we refer to the Dutch model and the Swedish model The former is mainly...

The Korean economy has seen a prolonged low-growth trend since 2000, and the employment elasticity of growth is slowing down as the industrial structure advances. As a result, the existing companies are not creating sufficient jobs while their restructuring has become frequent. There is a...

Amid increasing implementations of various regulations and measures for environmental protection in many countries with the widening awareness of environmental issues, the discussion of trade liberalization of environmental goods and services (EGS) in the international community has also been...

The electronic medical devices industry has multidisciplinary properties that requires various fields such as IT, mechanical engineering, chemistry, medicine, physiology, biotechnology, and statistics. As demand for medical services has shifted from being treatment-oriented to diagnosis and...

The pharmaceutical industry has become one of the most powerful and potential industry for the economic growth in the world. Accordingly, many countries have increased research and development (R&D) investment with the goal of producing new drugs. As R&D in the pharmaceutical industry became...

This paper aims to conduct long-term projections about the organizational changes in the Korean economy and industry. The KIET–DIMM (KIET Dynamic Inter-industry Macroeconomic Model) was developed into KIET–DIMM12 to conduct this research. The KIET–DIMM is basically designed to achieve...