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Changes in Korean labor market regimes

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  • Changes in Korean labor market regimes
  • Kim, Kyung Mi
  • Seoul National University(Kyujanggak Institute for Korean Studies)


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Title Changes in Korean labor market regimes
Similar Titles
Material Type Articles
Author(English)

Kim, Kyung Mi

Publisher

[Seoul]:Seoul National University(Kyujanggak Institute for Korean Studies)

Date 2010-12
Journal Title; Vol./Issue Seoul Journal of Korean Studies:vol. 23(no. 2)
Pages 23
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Social Development < Employment
Holding Seoul National University

Abstract

By exploring the extent to which the South Korean labor market and labor deployment in production processes have changed since the 1997 financial crisis, this article criticizes the prevalent views regarding national adjustments, including neoliberalism and rigid leftism. Korean adjustments in the labor market are characterized by a dual structure of regular and irregular employment. Unlike Anglo- Saxon free markets, the Korean regular employment system is still very rigid due to its organized labor. However, Korea has not developed the functional flexibility or close collaborative skill formation and work organization as Germany and Japan have. In order to increase flexibility, Korean corporations, instead, introduced irregular and part-time work into the system, as the Netherlands did. However, Korea differs from the Netherlands in the sense that it failed to develop society-wide protections for irregular workers. The Korean adjustment process since the 1997 financial crisis shows that its path is not only toward one direction. (The rest omitted)