Showing 1 - 9 of 9
While Korea remains one of the fastest-growing OECD economies, its potential growth rate per capita is projected to decelerate from around 4% during the current decade to around 2¼ per cent during the 2030s. Sustaining growth requires policies to mitigate the impact of rapid population ageing...
Persistent link: https://www.econbiz.de/10011276834
Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from...
Persistent link: https://www.econbiz.de/10011276940
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 …
Persistent link: https://www.econbiz.de/10005045761
Faced with exceptionally rapid population ageing, Korea should address obstacles that lower fertility rates while encouraging higher labour force participation, particularly among women. While public social spending is currently very low, there is pressure for increased outlays on pensions,...
Persistent link: https://www.econbiz.de/10005045777
A rapid decrease in unemployment is a short-term priority to limit social problems and reduce the risk of rising … structural unemployment. To this end, strengthening labour market policies to sustain labour demand is key. The public works …
Persistent link: https://www.econbiz.de/10011276908
spanning the period 1996 to 2004. The effects of changes in the minimum wage on unemployment, formal-sector employment and the …
Persistent link: https://www.econbiz.de/10004962264
Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...
Persistent link: https://www.econbiz.de/10008480477
While employment growth has accelerated, allowing unemployment to fall significantly since 2005, many low …-skilled workers are still unemployed and the duration of unemployment spells is still long. The introduction of an in-work benefit for …. Measures to improve mobility of workers across regions, notably housing policy reform, would lower long unemployment durations …
Persistent link: https://www.econbiz.de/10005045686
High levels of unemployment and rising social charges have lead to considerable pressure on labour markets to adjust … significant disincentives for labour supply of older people and spouses, which should be eliminated. Unemployment related benefits … qualifications and regions to fight unemployment. Regulatory conditions in other parts of the economy interact in important ways with …
Persistent link: https://www.econbiz.de/10005045708