콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Social Development Social Welfare
Social Development Employment

Print

Institutional blind spots in the South Korean employment safety net and policy solutions

Related Document
Frame of Image utions
Gyeongjoon Yoo, Senior Fellow at Korea Development Institute “Forty percent of South Korea’s employed population falls into institutional blind spots in employment insurance. With more than 10 million people not formally enrolled in employment insurance, the country’s primary employment safety net, the best solution may be a phased-in expansion of the Employment Success Package for low earners, an effort that was initially launched as a South Korean model of unemployment assistance.”
Ⅰ. Introduction
Since the 1990s, South Korea has been facing concerns of jobless growth. This has resulted from both a drop-off in the national growth rate as well as a decline in new employment even within the growth trend that has been achieved. The phenomenon has been observed in the past and the present with most of the world’s advanced economies. In particular, most European countries experienced the so-called “eurosclerosis,” a roughly ten-year period beginning in the mid-1970s in which growth was slack and unemployment was high, and the decade of jobless growth that began in the mid-1980s. In addition, South Korea faces the concern of having to create high-quality jobs. At present, it ranks around the middle among OECD countries for income inequality, with a relatively high percentage of its population falling below the poverty line.
* This paper was written to aid understanding of Yoo, Gyeongjoon (ed.), Paradigm Shift for Establishing a Virtuous Cycle of Growth and Employment (II):


Full Text
Title Institutional blind spots in the South Korean employment safety net and policy solutions
Similar Titles
Material Type Reports
Author(English)

Yoo, Gyeongjoon

Publisher

Seoul:Korea Development Institute

Date 2013-09
Series Title; No KDI Focus / 28
Pages 12
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Social Development < Social Welfare
Social Development < Employment
Holding Korea Development Institute