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Social protection in South Korea

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  • Social protection in South Korea
  • Jung, Yong-Tae; Shin, Dong-Myeon
  • Friedrich Ebert Stiftung, Singapore


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Title Social protection in South Korea
Similar Titles
Material Type Reports
Author(English)

Jung, Yong-Tae; Shin, Dong-Myeon

Publisher

Singapore:Friedrich Ebert Stiftung, Singapore

Date 2002
Series Title; No Social protection in Southeast and East Asia
Pages 44
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Social Development
Social Development < Social Welfare
Holding Friedrich Ebert Stiftung, Singapore

Abstract

Korea has grown rapidly since the early 1960s, and its GNI (Gross National Income) per capita was at US$8,910 in 2000, thereby classifying it as one of the upper middleincome countries. Other standards of living have also improved greatly as seen by positive changes in the literacy rate, school enrollment, the infant mortality rate, life expectancy, and other human development indicators. Political conditions are better and the Korean people enjoy most democratic rights. Despite these improvements in socio-economic and political conditions, benefits are not equally distributed among the different social groups and the population. In particular, women, the elderly, and the youth are vulnerable to various risks. Although the traditional social protection system has been expanded and strengthened in the aftermath of the 1997 financial crisis, the current system still has many problems. (The rest omitted)