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OECD Economic Surveys: Korea 2010
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- Table of contents
- Basic statistics of Korea
- Executive summary
- Assessment and recommendations
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Chapter 1. Sustaining the recovery from the global financial crisis by promoting Korea’s medium-term growth potential
- + Korea’s recovery from the global financial crisis
- + Korea’s short-term economic outlook
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Korea’s growth prospects over the longer term
- Figure 1.4. Explaining differences in income
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Raising productivity in the non-manufacturing sector
- Figure 1.5. Share of the service sector in productivity growth
- Table 1.3. New growth industries announced in January 2009
- Box 1.1. Taking stock of structural reforms: enhancing productivity growth in the service sector
- Table 1.4. Time and cost of starting a new business
- Figure 1.6. International comparison of the stock of inward foreign direct investment
- Figure 1.7. R&D spending in the manufacturing and service sectors
- Figure 1.8. International comparison of agricultural support
- + Labour market reform
- Policies to promote growth and sustainability
- Notes
- Bibliography
- + Annex 1.A1. The 2008 crisis: a case of déjà vu for Korea?
- + Chapter 2. Macroeconomic policy: the exit from fiscal and monetary stimulus
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Chapter 3. The Korean financial system: overcoming the global financial crisis and addressing remaining problems
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The impact of the global financial crisis on the Korean financial sector
- + A prompt and effective policy response
- + The sound condition of Korean financial institutions made it easier to weather the crisis
- + How to cope with Korea’s vulnerability to capital outflows
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Addressing remaining problems in the financial sector
- Improving the current restructuring programmes
- + Addressing problems in the small and medium-sized enterprise sector
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Housing prices and the financial sector
- Figure 3.10. Trends in housing prices
- Figure 3.11. An international comparison of the change in the ratio of housing prices to income
- Table 3.7. International comparison of loan-to-value ratios on mortgage lending
- Table 3.8. Loan-to-value regulation in Korea
- Table 3.9. Debt-to-income regulation in Korea
- Improving corporate governance in financial institutions
- + Strengthening the ability of financial institutions to absorb shocks in asset values
- The government’s agenda for financial-sector development
- + Conclusion
- Notes
- Bibliography
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The impact of the global financial crisis on the Korean financial sector
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Chapter 4. Health-care reform in Korea
- Figure 4.1. Korea has achieved the largest increase in life expectancy in the OECD area
- Figure 4.2. Health-care spending in Korea as a share of GDP is the third lowest in the OECD area
- + An overview of Korea’s health-care system
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Improving efficiency to contain the growth of health spending
- Figure 4.7. Health spending in Korea has increased sharply in recent years
- Figure 4.8. Population ageing in Korea is projected to be the fastest in the OECD area
- Figure 4.9. Increase in medical costs relative to the consumer price index
- Reforming the payment system away from fee-for-service
- Reducing outlays on pharmaceuticals drugs
- + Shifting long-term care from hospitals
- + Promoting healthy ageing
- Introducing gatekeepers
- + How to finance health care
- + Ensuring adequate access to health care
- Improving the quality of health care
- + Conclusion
- Notes
- Bibliography
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Chapter 5. Korea’s green growth strategy: mitigating climate change and developing new growth engines
- Box 5.1. The National Strategy for Green Growth (announced in July 2009)
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Mitigating climate change
- Figure 5.1. The mid-term target scenario for reducing greenhouse gas emissions in Korea
- + Overview of energy use and greenhouse gas emission trends in Korea
- Korea’s policy measures to address climate change
- + Environmental taxes
- + Creating a new policy framework: getting the price right through market-based instruments
- + Removing environmentally harmful energy subsidies
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Creating new growth engines for the future
- + Improving the quality of life through better air quality
- + Conclusion
- Notes
- Bibliography
OECD's periodic review of Korea's economy. This edition includes chapters covering the recovery and short-term outlook, macroeconomic policy, the financisl system, the health care system, and Korea's green growth strategy.
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Business & Economics > International > Economics
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Publication year : 2010
License: All rights reserved ©
Times read: 85
