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KOREA OECD Economics Surveys: 1조 경제학과 한호성 경제학과 황준연

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Presentation on theme: "KOREA OECD Economics Surveys: 1조 경제학과 한호성 경제학과 황준연"— Presentation transcript:

1 KOREA OECD Economics Surveys: 1조 경제학과 20113169 한호성 경제학과 20113173 황준연
경제학과 김종헌 금융정보통계 김지혜 경제학과 송경희 경제학과 한민지

2 INDEX Promoting social cohesion in Korea 01 Rising income inequality and relative poverty and the factors behind it 02 social spending is low but increasing rapidly 03 Increasing social spending to promote social cohesion 04 Labour market reforms to promote social cohesion by breaking down dualism 05 Reforms in the education system to promote social cohesion Conclusion 06 The service sector as a factor in inequality 07 Conclusion

3 Promoting social cohesion in Korea
01 Rising income inequality and relative poverty and the factors behind it

4 OECD Economics Lower wages Precarious Jobs less training KOREA

5 employment protection improved social insurance coverage
OECD Economics employment protection improved social insurance coverage Expanded training KOREA

6 OECD Economics A survey of 34 countries highest in Korea at 86% KOREA

7 OECD Economics KOREA

8 Causes of inequality Education system Service sector OECD Economics
KOREA

9 Korea achieved one of the highest growth rates in the world,
OECD Economics Korea achieved one of the highest growth rates in the world, KOREA

10 OECD Economics income inequality During the past decade. KOREA

11 should not focus solely on income growth
OECD Economics Economic growth should not focus solely on income growth but should take into account income distribution KOREA

12 OECD Economics Rising inequality KOREA

13 Promoting social cohesion in Korea
02 Social spending is low but increasing rapidly

14 Accounted for only 2.7% of disposable income in Korea
OECD Economics Accounted for only 2.7% of disposable income in Korea KOREA

15 income support to the working-age popolaton
OECD Economics The government should move cautiously and incrementally in developing social welfare programmes All social services except health income support to the working-age popolaton KOREA

16 OECD Economics KOREA

17 OECD Economics Total labour supply unemployment KOREA

18 The government should at least freeze their
OECD Economics The government should at least freeze their benefits, while allowing them to grow for the relatively poor. KOREA

19 OECD Economics KOREA

20 OECD Economics Weak coverage of the NPS and the EIS is a problem for non-regular workers KOREA

21 Promoting social cohesion in Korea
03 Increasing social spending to promote social cohesion 04 Labour market reforms to promote social cohesion by breaking down dualism

22 Korea, was the fourth highest in the OECD
OECD Economics Korea, was the fourth highest in the OECD To promote social cohesion by breaking down dualism KOREA

23 intensified competition
OECD Economics Reduce labor reduce fixed cost intensified competition Factors explaining the high level of labour market dualism KOREA

24 the labour market remains severely segmented
OECD Economics the labour market remains severely segmented KOREA

25 Increasing the share of regular workers
OECD Economics Wage disparity Increasing the share of regular workers Problems associated with the high share of non-regular workers KOREA

26 OECD Economics While the share of unemployed receiving benefits has risen from 7% in to over 30% in 2007 KOREA

27 regular workers nonregular workers
OECD Economics Entrenched dualism creates conflicts regular workers nonregular workers KOREA

28 Promoting social cohesion in Korea
05 Reforms in the education system to promote social cohesion

29 OECD Economics In 1945, Korea’s KOREA

30 OECD Economics investment in schools KOREA

31 social mobility income equality
OECD Economics economic growth compulsory education social mobility income equality KOREA

32 OECD Economics The educational quality of kindergarten is considered superior to that of childcare In a survey of parents 78% replied that there are significant differences between kindergarten and childcare KOREA

33 In Korea was the second lowest in the OECD area in 2008,
OECD Economics In Korea was the second lowest in the OECD area in 2008, subsidies to families The government has been steadily increasing ECEC. KOREA

34 In 2011, the subsidy was raised to 100% of basic fees
OECD Economics IN 2009 with the subsidy covering between % and 100% of basic childcare fees In 2011, the subsidy was raised to 100% of basic fees Extending such support to all three and four-year-olds beginning in 2013. KOREA

35 lack of capacity in public kindergartens.
OECD Economics Their children to childcare centres, reflecting several factors. cheaper lack of capacity in public kindergartens. more conveniently located more convenient for working parents KOREA

36 participation is more than double the OECD average in every subject
OECD Economics In 2010, around three-quarters of students participated in such courses. participation is more than double the OECD average in every subject KOREA

37 70% of students participating in private tutoring attend hagwons,
OECD Economics 70% of students participating in private tutoring attend hagwons, includes individual or group tutoring and Internet and distance learning. KOREA

38 OECD Economics Most of the parents have to say that it is important that it is difficult to enroll in prestigious universities. KOREA

39 OECD Economics Participation and spending on private tutoring are highly correlated with family income KOREA

40 Entrance examination banned hagwons and other private tutoring A five-year plan to improve the quality of schools A 10 p.m. curfew on hagwons. OECD Economics Policies to reduce reliance on hagwons and other forms of private tutoring KOREA

41 Policies which parents want
OECD Economics 1. improving the quality of schools 2.importance of creating diverse schools 3. Strengthening vocational education and career guidance Policies which parents want KOREA

42 Reducing the burden of tertiary education
OECD Economics Reducing the burden of tertiary education tertiary education KOREA

43 Government’s several steps to address the tuition issue.
OECD Economics Government’s several steps to address the tuition issue. To organise a tuition review committee The government established the Korean Student Aid Foundation Tuition beginning KOREA

44 Half-price tuition’s drawbacks
OECD Economics Half-price tuition’s drawbacks The problem of overemphasis on tertiary education and skill mismatches half-price tuition raises questions about value for money less efficient and less equitable than targeting support on students which is limited to the lower 70% of the income distribution, KOREA

45 Promoting social cohesion in Korea
06 The service sector as a factor in inequality

46 services from nearly 100% of that in manufacturing to only 54%
OECD Economics services from nearly 100% of that in manufacturing to only 54% KOREA

47 poverty workers small companies
OECD Economics small companies poverty workers workers in firms with 10 to 29 workers earned 24% less than workers at companies with 300 or more workers KOREA

48 Promoting social cohesion in Korea
07 Conclusion

49 OECD Economics provide a double dividend in terms of boosting economic growth and fostering social cohesion. Apriority to reverse the rise in inequality Enhance social cohesion. To promote inclusive growth KOREA

50 PRESENTATION THANK YOU


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