Income Inequality In Korea

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Income Inequality in Korea

Chong-Bum An,Barry Bosworth
Income Inequality in Korea Book PDF

Author : Chong-Bum An,Barry Bosworth
Publisher : BRILL
Page : 202 pages
File Size : 40,9 Mb
Release : 2020-05-11
Category : History
ISBN : 9781684175291

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Income Inequality in Korea by Chong-Bum An,Barry Bosworth Pdf

"In the early 1990s, South Korea was showcased as a country that had combined extraordinary economic growth with a narrowing of income distribution, achieving remarkably low rates of unemployment and poverty. In the years following the financial crisis of 1997–1998, however, these rates ballooned to pre-crisis levels, giving rise to the perception that the gap between the rich and the poor in Korea had once again widened. Income Inequality in Korea explores the relationship between economic growth and social developments in Korea over the last three decades. Analyzing the forces behind the equalizing trends in the 1980s and early 1990s, and the deterioration evident in the post-crisis years, Chong-Bum An and Barry Bosworth investigate the macroeconomic conditions, gains in educational attainment, demographic changes and conditions in labor markets, and social welfare policies that have contributed to the evolution of income inequality over time. The authors also raise fundamental questions about whether the pre-crisis pattern of combining strong economic growth with improving equality can be restored, as well as how government policies might be designed to promote that objective. The book concludes with a discussion of some proposals for improving the efficacy of redistributive policies in Korea."

Social disparities in South Korea

Annika Mietzon
Social disparities in South Korea Book PDF

Author : Annika Mietzon
Publisher : GRIN Verlag
Page : 43 pages
File Size : 49,9 Mb
Release : 2023-01-13
Category : Political Science
ISBN : 9783346793522

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Social disparities in South Korea by Annika Mietzon Pdf

Bachelor Thesis from the year 2016 in the subject Politics - Region: South Asia, grade: 1,2, Ruhr-University of Bochum, language: English, abstract: Over the last six decades, the Republic of Korea experienced rapid economic and social development. Korea was able to ascend from the destruction of the Korean War and grow to the 15th largest economy in 2009 in Gross domestic products (GDP) terms. Especially, the introduction of heavy and chemical industries (HCI) in the beginning of the 1970s influenced economic growth and social development strongly. While the living standards during the 1950s were similar to the standards in the poorest countries today, today Korea is one of the leading industries worldwide. However, the mid-1990s were a turning point for inequality trends in Korea, caused by certain events like the Asian Financial Crisis (AFC) and the change of political power in 1997. This thesis analyzes and discusses the changes in inequality trends since the beginning of the 1990s until now. The focus lies on income inequality trends, the sources, and whether and to which extent it affects education inequality. First, the theoretical framework is defined and explained. This thesis concentrates on interpreting income inequality by using mainly the GINI coefficient and income deciles. The methodology of income measures are elaborately described. The following chapter focuses on the Great Gatsby curve and social mobility. For this thesis, vertical intergenerational mobility is a matter of special importance, therefore, the paper unfolds the relationship between education and intergenerational mobility. The third chapter, covers the main part of this thesis and starts with a general overview over the development in social structures since the 1980s. This section deals with the GDP growth rate trends, Korea’s decreasing fertility rates as well as labor market polarization and briefly identifies the reasons. Further consequences arising from e.g. a polarization of the labor market are addressed in the following chapter. It analyzes income inequality in general as well as in detail by focusing on GINI coefficients, decile ratios, and the trend of share of households. Furthermore, it explains the sources behind an increasing income inequality, especially, regarding wage trends. The last section describes education trends during the last couple of years by analyzing expenditure and participation rates for private tutoring. It also briefly analyzes the contribution of education to intergenerational mobility and tries to answer whether income inequality leads to disadvantages among students.

Income Inequality

Brian Keeley,Oecd
Income Inequality Book PDF

Author : Brian Keeley,Oecd
Publisher : Org. for Economic Cooperation & Development
Page : 120 pages
File Size : 55,7 Mb
Release : 2015-12-21
Category : Electronic
ISBN : 9264246002

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Income Inequality by Brian Keeley,Oecd Pdf

Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.

Inequality of Opportunity

Juan Gabriel Rodríguez
Inequality of Opportunity Book PDF

Author : Juan Gabriel Rodríguez
Publisher : Emerald Group Publishing
Page : 259 pages
File Size : 46,8 Mb
Release : 2011-10-12
Category : Business & Economics
ISBN : 9781780520346

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Inequality of Opportunity by Juan Gabriel Rodríguez Pdf

Eight papers, both theoretical and applied, on the concept of equality of opportunity which says that a society should guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of effort.

Tax Equity and Income Inequality in Korea

Kwang-su Chŏng
Tax Equity and Income Inequality in Korea Book PDF

Author : Kwang-su Chŏng
Publisher : Unknown
Page : 91 pages
File Size : 42,7 Mb
Release : 2003
Category : Income distribution
ISBN : 8981912394

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Tax Equity and Income Inequality in Korea by Kwang-su Chŏng Pdf

Contemporary South Korean Economy: Challenges And Prospects

Min-hua Chiang
Contemporary South Korean Economy Challenges And Prospects Book PDF

Author : Min-hua Chiang
Publisher : #N/A
Page : 168 pages
File Size : 54,7 Mb
Release : 2017-06-28
Category : Business & Economics
ISBN : 9789813207257

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Contemporary South Korean Economy: Challenges And Prospects by Min-hua Chiang Pdf

South Korea's post-war economic success is a well-known story. However, its development in the past two decades is relatively less investigated. By reviewing key economic issues in South Korea's economy today, this book offers an input to the research of contemporary South Korea, in particular the country's economic development and its external economic relations.This book provides an analytical overview of key issues in contemporary South Korean economy. The timely and in-depth study presented in the book examines the main reasons behind South Korea's economic slowdown in recent years, the economic and social impact following chaebol's growing business expansion, free trade agreements with China and the United States, the development of income inequality, the ageing demography and the Korean government's policy response to overcome the current economic difficulties.

OECD Economic Surveys: Korea 2020

OECD
OECD Economic Surveys Korea 2020 Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 128 pages
File Size : 45,9 Mb
Release : 2020-08-11
Category : Electronic
ISBN : 9789264496194

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OECD Economic Surveys: Korea 2020 by OECD Pdf

Economic activity has contracted less in Korea than in other OECD countries, thanks to the prompt and effective reaction of the authorities to contain the spread of the COVID-19 virus and to the wide-ranging government support to households and businesses. Nevertheless, the pandemic generates strong headwinds.

The Distribution of Income and Wealth in Korea

Danny M. Leipziger
The Distribution of Income and Wealth in Korea Book PDF

Author : Danny M. Leipziger
Publisher : Washington, D.C. : World Bank
Page : 152 pages
File Size : 54,7 Mb
Release : 1992
Category : Business & Economics
ISBN : STANFORD:36105009237897

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The Distribution of Income and Wealth in Korea by Danny M. Leipziger Pdf

Examines recent trends and estimates the effect of rapid appreciation of asset values, concluding that there is evidence of less equality in the income distribution than conventionally reported. Contributes to and analytical framework for examining wealth issues and aims ultimately at a restoration of the traditional consensus in Korea toward broadly shared development gains.

Reducing Inequalities in Health

Martijntje Bakker,Johan Mackenbach
Reducing Inequalities in Health Book PDF

Author : Martijntje Bakker,Johan Mackenbach
Publisher : Routledge
Page : 384 pages
File Size : 47,8 Mb
Release : 2003-09-02
Category : Medical
ISBN : 9781134511310

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Reducing Inequalities in Health by Martijntje Bakker,Johan Mackenbach Pdf

Socio-economic inequalities in health are present to a greater or lesser extent in all European countries and the available data suggests that the health gap is increasing. Many studies have been conducted to explain inequalities in health and from them much has been learnt about the different contributory factors. However, in practice it seems hard to translate the knowledge of causes into effective interventions and policies. Reducing Inequalities in Health: a European Perspective: * brings together an unrivalled collection of contemporary data on successful policies and interventions * compares differences in approach in several European countries * includes recent evaluation studies * discusses conceptual issues for research * provides examples of good and bad practice in Europe * draws out the policy and research implications for the future With contributions from leading researchers in 14 different European countries, this book provides a comprehensive source of reference for the reader interested in what really works in the field of health promotion and what sort of policies reduce the health gap.

Social Trust and Economic Development

O. Yul Kwon
Social Trust and Economic Development Book PDF

Author : O. Yul Kwon
Publisher : Edward Elgar Publishing
Page : 547 pages
File Size : 55,6 Mb
Release : 2019
Category : Business & Economics
ISBN : 9781784719609

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Social Trust and Economic Development by O. Yul Kwon Pdf

In just one generation, South Korea has transformed from a recipient of foreign aid to a member of the G20. In this informative book, South Korea is used as a case by which to explore and illustrate specific issues arising from the complex relationships between the nation’s economic development and society. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}

OECD Economic Surveys: Korea 2018

OECD
OECD Economic Surveys Korea 2018 Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 160 pages
File Size : 41,8 Mb
Release : 2018-06-20
Category : Electronic
ISBN : 9789264300828

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OECD Economic Surveys: Korea 2018 by OECD Pdf

Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...

An Agenda for Economic Reform in Korea

Kenneth Judd,Young-Ki Lee
An Agenda for Economic Reform in Korea Book PDF

Author : Kenneth Judd,Young-Ki Lee
Publisher : Hoover Institution Press
Page : 600 pages
File Size : 40,5 Mb
Release : 2013-11-01
Category : Political Science
ISBN : 9780817997366

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An Agenda for Economic Reform in Korea by Kenneth Judd,Young-Ki Lee Pdf

An Agenda for Economic Reform in Korea looks at Korea's economic problems from the perspective of the American experience with economic reforms and sheds new light on the problems of economic reform facing nations all over the world. The authors examine such issues as corporate governance, social welfare, labor relations, and other pressing challenges—and suggest a new vision for the Korean economy.