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Income inequality in Korea : An analysis of trends, causes and answers

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Frame of Image  poverty have risen to levels well above those of the pre-crisis era. 4) Public perceptions deteriorated
 2008 BBC poll conducted within 34 major countries, the perception that
the benefits and burdens of economic development have not been fairly distributed in their country is the highest in S. Korea (86%)
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Key questions
1 Has there been a structural break in the relationship between growth and equity? 2 If so, what factors are responsible for the deterioration? 3 How has the government responded to the changed circumstances and have the policy actions been effective?
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Contents
 Measuring Income Inequality and Poverty
I. Trends in Korean Income Inequality II. The Dimensions of Poverty
 Socio-Economic Determinants of Inequality and Poverty
III. Effects of Growth on Inequality and Poverty IV. Influence of Population Aging, Education, and Globalization on Inequality
 The Role of the Public Sector
V. The Role of the Social Welfare System VI. The Role of the Tax System VII. Proposals for Improving the Efficacy of Redistributive Policies
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I. Trends in Korean Income Inequality
 To assess the empirical measures of the changes in income distribution and poverty over the past two decades
 Macroeconomic distribution analysis
 Micro-survey data analysis:
   NSHIE for 1996 and 2000 HIES for 1985 to 2008 OWS for 1985 to 2008
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 The basic pattern of a gradual improvement in up to the mid1990s, followed by a very large deterioration in the years of financial crisis that is not


Full Text
Title Income inequality in Korea
Similar Titles
Sub Title

An analysis of trends, causes and answers

Material Type Proceedings
Author(English)

An, Chong-Bum; Bosworth, Barry

Date 2011-10
Event

KDI 개원 40주년 기념 국제회의: 민주화와 세계화 시대 한국경제의 성과와 과제

Pages 51
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Social Development < Employment
Holding KDI; KDI School of Public Policy and Management