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Economic crisis and social policy reform in Korea

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  • Economic crisis and social policy reform in Korea
  • Kwon, Soonman
  • Seoul National University


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Title Economic crisis and social policy reform in Korea
Similar Titles
Material Type Articles
Author(English)

Kwon, Soonman

Publisher

[Seoul]:Seoul National University

Date 2000-10
Journal Title; Vol./Issue International Journal of Social Welfare:
ISBN 1369-6866
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Social Development
Holding Seoul National University

Abstract

The economic crisis that broke out in Korea in December 1997 has had a chilling impact on social development in the country. Today unemployment is the highest that Korea has experienced in the past thirty years. This paper aims to examine the impact of the economic crisis on social development and the role of public policy to mitigate the problems caused by the crisis. The economic crisis has hit vulnerable groups harder, increased the proportion of part-time and daily workers, and reversed the trend of steady improvement of income distribution. The economic crisis along with the trend of aging population, globalization, and competition calls for an expanded role of social policy, which the Korean government has neglected for a long time. (The rest omitted)