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The September 15 tripartite agreement on structural reforms of the labor market and prospects for the labor regime in Korea

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  • The September 15 tripartite agreement on structural reforms of the labor market and prospects for the labor regime in Korea
  • Chang, Hong-geun
  • Korea Economic Institute of America


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Title The September 15 tripartite agreement on structural reforms of the labor market and prospects for the labor regime in Korea
Similar Titles
Material Type Reports
Author(English)

Chang, Hong-geun

Publisher

[Washington, DC]:Korea Economic Institute of America

Date 2016-01
Series Title; No Academic Paper Series
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Social Development < Employment
Government and Law < International Politics
Holding Korea Economic Institute of America

Abstract

The purpose of this paper is to explore the significance of the September 15 Tripartite Agreement in the context of labor regime change in South Korea. The paper describes the historical context of Korea’s labor politics, examining the limits to the 1987 labor regime and its reform. Next, the author summarizes the major content and controversial issues of the September 15 Tripartite Agreement. He then highlights the significance of the agreement as the first step in a labor regime transition that is based on dialogue and compromise. This sense of compromise is divergent from past processes of labor regime change in Korea and represents the best path towards a more sustainable regime with less social costs.