Korea S Paradigm Shift For Sustainable And Inclusive Growth A Proposal

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Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal

Yangkyoon Byeon,Kwanghae Choi,Heenam Choi,Jun I. Kim
Korea s Paradigm Shift for Sustainable and Inclusive Growth A Proposal Book PDF

Author : Yangkyoon Byeon,Kwanghae Choi,Heenam Choi,Jun I. Kim
Publisher : International Monetary Fund
Page : 41 pages
File Size : 44,5 Mb
Release : 2017-11-17
Category : Business & Economics
ISBN : 9781484330395

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Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal by Yangkyoon Byeon,Kwanghae Choi,Heenam Choi,Jun I. Kim Pdf

Korea is facing mounting economic challenges. Productivity growth has been on a trend decline amid demographic headwinds, while the societal demand for inclusive growth has been on a steep rise. Furthermore, the government-led unbalanced growth model—which served Korea well in the past—has become less effective and politically palatable in recent years. As such, Korea needs a major paradigm shift to embark on a new sustainable and inclusive growth path. But policy response has been modest at best with no major reforms being implemented over the past two decades. We propose a paradigm shift in Korea’s economic framework, involving a simultaneous big push for greater economic freedom and stronger social protection within the parameters set by long-run fiscal sustainability. We also provide a detailed account of structural reforms to boost economic freedom and sustainable funding plans for stronger social protection.

Korea's Paradigm Shift for Sustainable and Inclusive Growth

Anonim
Korea s Paradigm Shift for Sustainable and Inclusive Growth Book PDF

Author : Anonim
Publisher : Unknown
Page : 40 pages
File Size : 43,8 Mb
Release : 2017
Category : Electronic
ISBN : OCLC:1293379470

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Korea's Paradigm Shift for Sustainable and Inclusive Growth by Anonim Pdf

Korea is facing mounting economic challenges. Productivity growth has been on a trend decline amid demographic headwinds, while the societal demand for inclusive growth has been on a steep rise. Furthermore, the government-led unbalanced growth model—which served Korea well in the past—has become less effective and politically palatable in recent years. As such, Korea needs a major paradigm shift to embark on a new sustainable and inclusive growth path. But policy response has been modest at best with no major reforms being implemented over the past two decades. We propose a paradigm shift in Korea’s economic framework, involving a simultaneous big push for greater economic freedom and stronger social protection within the parameters set by long-run fiscal sustainability. We also provide a detailed account of structural reforms to boost economic freedom and sustainable funding plans for stronger social protection.

Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal

Yangkyoon Byeon,Kwanghae Choi,Heenam Choi,Jun I. Kim
Korea s Paradigm Shift for Sustainable and Inclusive Growth A Proposal Book PDF

Author : Yangkyoon Byeon,Kwanghae Choi,Heenam Choi,Jun I. Kim
Publisher : International Monetary Fund
Page : 41 pages
File Size : 51,5 Mb
Release : 2017-11-20
Category : Business & Economics
ISBN : 9781484329931

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Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal by Yangkyoon Byeon,Kwanghae Choi,Heenam Choi,Jun I. Kim Pdf

Korea is facing mounting economic challenges. Productivity growth has been on a trend decline amid demographic headwinds, while the societal demand for inclusive growth has been on a steep rise. Furthermore, the government-led unbalanced growth model—which served Korea well in the past—has become less effective and politically palatable in recent years. As such, Korea needs a major paradigm shift to embark on a new sustainable and inclusive growth path. But policy response has been modest at best with no major reforms being implemented over the past two decades. We propose a paradigm shift in Korea’s economic framework, involving a simultaneous big push for greater economic freedom and stronger social protection within the parameters set by long-run fiscal sustainability. We also provide a detailed account of structural reforms to boost economic freedom and sustainable funding plans for stronger social protection.

OECD Economic Surveys: Korea 2018

OECD
OECD Economic Surveys Korea 2018 Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 160 pages
File Size : 40,9 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 ...

Labor Market Duality in Korea

Johanna Schauer
Labor Market Duality in Korea Book PDF

Author : Johanna Schauer
Publisher : International Monetary Fund
Page : 36 pages
File Size : 47,8 Mb
Release : 2018-06-01
Category : Business & Economics
ISBN : 9781484357934

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Labor Market Duality in Korea by Johanna Schauer Pdf

Labor market duality is a complex and critical issue for many countries that can lower productivity, contribute to inequality and result in negative externalities. In this paper, I study duality in the Korean labor market and analyze its sources and potential policy options. I find that employment protection legislations and large productivity differentials are the key drivers of Korea’s duality. In addition, applying a general equilibrium search-and-matching model and calibrating it to the Korean economy, I show that well-calibrated flexicurity policies can significantly reduce duality and inequality and raise welfare and productivity. Notably, the introduction of all three pillars—flexiblity, a strong safety net and active labor market policies—is critical for its success. If only one pillar is introduced it can result in negative side-effects and might not reduce duality.

Handbook on Green Growth

Roger Fouquet
Handbook on Green Growth Book PDF

Author : Roger Fouquet
Publisher : Edward Elgar Publishing
Page : 528 pages
File Size : 44,7 Mb
Release : 2019
Category : Business & Economics
ISBN : 9781788110686

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Handbook on Green Growth by Roger Fouquet Pdf

Economies around the world have arrived at a critical juncture: to continue to grow fuelled by fossil fuels and exacerbate climate change, or to move towards more sustainable, greener, growth. Choosing the latter is shown to help address climate change, as well as present new economic opportunities. This Handbook provides a deeper understanding of the concept of green growth, and highlights key lessons from the experience of green transformations across the world following a decade of ambitious stimulus packages and green reforms.

Development Centre Studies Industrial Policy and Territorial Development Lessons from Korea

OECD
Development Centre Studies Industrial Policy and Territorial Development Lessons from Korea Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 153 pages
File Size : 42,7 Mb
Release : 2012-05-16
Category : Electronic
ISBN : 9789264173897

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Development Centre Studies Industrial Policy and Territorial Development Lessons from Korea by OECD Pdf

This report reviews the Korean catching up and it analyzes the recent reforms which have been put in place to address the territorial dimension in the design and implementation of industrial policies, with a view to share knowledge and policy ...

Sustainable, Smart and Solidary Seoul

Tony Robinson,Minsun Ji
Sustainable Smart and Solidary Seoul Book PDF

Author : Tony Robinson,Minsun Ji
Publisher : Springer Nature
Page : 195 pages
File Size : 49,6 Mb
Release : 2022-09-30
Category : Social Science
ISBN : 9783031135958

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Sustainable, Smart and Solidary Seoul by Tony Robinson,Minsun Ji Pdf

This book showcases how innovative state policy in Korea transformed Seoul from one of the world’s most impoverished, polluted, and congested cities into a global leader in green urban planning, smart city innovations, and social economy initiatives that have dramatically improved the local quality of life. Today, Seoul’s urban planning innovations are increasingly touted as replicable best practices for export to cities across the globe. This book describes how innovative state policy has made Seoul a world leader in sustainable, smart, and solidary urban initiatives. Beginning in the 1960s, Seoul led the fastest urbanization and modernization project in world history, becoming a colossal 26-million-person metropolitan region and one of the largest footprints of humanity on earth, transforming the nation from one of the world’s poorest to having the 10th largest GDP in 2020. Today, Seoul has become one of the most productive and innovative urban agglomerations on earth. Seoul’s residents enjoy the world’s highest penetration of high-speed internet, a model mass transit system, and advanced smart-city technologies. The vast city has become increasingly green and sustainable, while also recycling about 90% of all waste. Seoul has become a leader in social economy innovations like cooperative villages, mutual benefit societies, and social investment funds that advance equitable development goals amid a booming capitalist economy. To broaden our imagination of what good urbanism can achieve, this book reviews Seoul’s recent innovations in smart, sustainable, and solidary urbanism, including: green urban planning, sustainable development through recycling and reuse, well-managed mass transit, smart city design, and solidarity economy initiatives.

Can Green Sustain Growth?

John Zysman,Mark Huberty
Can Green Sustain Growth Book PDF

Author : John Zysman,Mark Huberty
Publisher : Stanford University Press
Page : 347 pages
File Size : 43,8 Mb
Release : 2013-11-27
Category : Business & Economics
ISBN : 9780804788571

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Can Green Sustain Growth? by John Zysman,Mark Huberty Pdf

Green growth has proven to be politically popular, but economically elusive. Can Green Sustain Growth? asks how we can move from theoretical support to implementation, and argues that this leap will require radical experimentation. But systemic change is costly, and a sweeping shift cannot be accomplished without political support, not to mention large-scale cooperation between business and government. Insightful and timely, this book brings together eight original, international case studies to consider what we can learn from the implementation of green growth strategies to date. This analysis reveals that coalitions for green experimentation emerge and survive when they link climate solutions to specific problems with near-term benefits that appeal to both environmental and industrial interests. Based on these findings, the volume delivers concrete policy recommendations for the next steps in the necessary shift toward sustainable prosperity.

OECD Urban Policy Reviews, Korea 2012

OECD
OECD Urban Policy Reviews Korea 2012 Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 184 pages
File Size : 41,5 Mb
Release : 2012-04-27
Category : Electronic
ISBN : 9789264174153

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OECD Urban Policy Reviews, Korea 2012 by OECD Pdf

This Urban Policy Review of Korea assesses Korea’s approach to sustainable urban development as expressed in its recent urban policy reform and national green growth agenda. The government has responded to the economic, environmental and social ...

SELECTED SPEECHES

Cheong Wa Dae‚ Office of the President
SELECTED SPEECHES Book PDF

Author : Cheong Wa Dae‚ Office of the President
Publisher : Cheong Wa Dae
Page : 153 pages
File Size : 52,8 Mb
Release : 2018-08-26
Category : Law
ISBN : 9788973756179

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SELECTED SPEECHES by Cheong Wa Dae‚ Office of the President Pdf

Among the many facets noted since the launch of the Moon Jae-in Administration‚ presidential speeches have captured considerable public attention and won over hearts. This compilation of selected speeches contains addresses and remarks made by President Moon at official events and major conferences that took place after he took office on May 10‚ 2017‚ up to May 10‚ 2018. During the year following his inauguration‚ President Moon has engaged in vibrant communication with the public on 286 occasions through speeches at major events and remarks at closed meetings as well as open messages. Among these addresses and remarks‚ 33 of particular interest to international media and foreign nationals have been selected‚ translated into English and bound here. The book reflects the President’s commitment to communicating and sharing even more messages with the foreign press and international opinion leaders more actively‚ beyond the language barrier. The achievements of the Moon Jae-in Administration over the past year were made possible thanks to the people’s unwavering support and encouragement‚ which was facilitated by President Moon’s ceaseless efforts to communicate with them. Furthermore‚ the international community's endorsement and interest is also vital to ensure that the President's management of state affairs and diplomatic initiatives reap greater success. I hope that this collection of speeches provides you with a clear understanding of the Moon Jae-in Administration’s first year. I look forward to you grasping hands with the Administration so that its objectives won’t get lost in the remaining four years. Thank you very much. July 2018 Im Jong-seok Chief of Staff to the President

Changing Course

Asian Development Bank
Changing Course Book PDF

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 85 pages
File Size : 44,7 Mb
Release : 2009-10-01
Category : Transportation
ISBN : 9789292547189

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Changing Course by Asian Development Bank Pdf

Most Asian cities have grown more congested, more sprawling, and less livable in recent years; and statistics suggest that this trend will continue. Rather than mitigate the problems, transport policies have often exacerbated them. In this book, the Asian Development Bank outlines a new paradigm for sustainable urban transport that gives Asian cities a workable, step-by-step blueprint for reversing the trend and moving toward safer, cleaner, more sustainable cities, and a better quality of urban life.

Achieving Sustainable Development and Promoting Development Cooperation

Department of Economic & Social Affairs,United Nations,United Nations. Office for ECOSOC Support and Coordination
Achieving Sustainable Development and Promoting Development Cooperation Book PDF

Author : Department of Economic & Social Affairs,United Nations,United Nations. Office for ECOSOC Support and Coordination
Publisher : United Nations Publications
Page : 295 pages
File Size : 44,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 9211045878

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Achieving Sustainable Development and Promoting Development Cooperation by Department of Economic & Social Affairs,United Nations,United Nations. Office for ECOSOC Support and Coordination Pdf

This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.

Emerging Knowledge Economies in Asia

Dessy Irawati,Roel Rutten
Emerging Knowledge Economies in Asia Book PDF

Author : Dessy Irawati,Roel Rutten
Publisher : Routledge
Page : 204 pages
File Size : 50,5 Mb
Release : 2013-10-08
Category : Business & Economics
ISBN : 9781134624218

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Emerging Knowledge Economies in Asia by Dessy Irawati,Roel Rutten Pdf

The book aims to identify key issues and developments in ASEAN-5 that illustrate the transition of this region towards a knowledge-based economy. The book contributes to understanding the opportunities and challenges faced by emerging economies. It explains the transition process from a knowledge based perspective, showing how knowledge creation and innovation contribute to the competitiveness of companies and sectors in this region. The book takes a distinctly ASEAN perspective by discussing examples of the transition process from all ASEAN 5 nations that show how this region is attempting to link up to the global knowledge economy of the 21st Century. To achieve these aims the book is divided into three parts, preceded by an introductory chapter explaining the logic, objectives and contributions of the book. Part I discusses ASEAN-5 as an emerging hub in the global economy. Part II discusses the global links of the ASEAN region. Part III highlights innovation support in the ASEAN region. Each part identifies key developments and discusses relevant challenges and opportunities regarding the economic transition process based on examples for the various ASEAN-5 nations. The book contributes to the literature on emerging economies by explaining their challenges and opportunities of the catching-up process from a knowledge-based perspective. It is definitely a must-read.

The International Monetary System, Energy and Sustainable Development

Sung Jin Kang,Yung Chul Park
The International Monetary System Energy and Sustainable Development Book PDF

Author : Sung Jin Kang,Yung Chul Park
Publisher : Routledge
Page : 298 pages
File Size : 40,6 Mb
Release : 2015-02-11
Category : Business & Economics
ISBN : 9781317554493

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The International Monetary System, Energy and Sustainable Development by Sung Jin Kang,Yung Chul Park Pdf

Korea was the first non-G7 member and Asian country to host the recent G20 Summit, acting as a bridge between advanced and developing nations. At the G20 Seoul Summit, green growth as well as development and a global financial safety net were on the agenda. Against this backdrop, the aim of this book is to comment on and suggest how to go about setting agendas and shaping further discussions of future summits. The book consists of three major parts: the first part discusses the role of G20 in reforming international monetary system, the status of the IMF since the European sovereign debt crisis, the use of the yuan as the world’s reserve currency, and the establishment of a more resilient global financial system. The second part examines trade measures in times of volatile energy prices, the impact of merchandise price volatility on the G20 economies, the EU’s pricing policies and the world’s price volatility, high oil prices and Russia, and oil markets in South America. The third part reviews G20’s financing for green growth, green growth and sustainable development within the G20 framework, and G20’s role in addressing climate change and green growth. This book offers an in-depth review of major issues discussed at the recent summits and will be of interest to policy makers.