Strategies for Reforming Korea's Labor Market to Foster Growth ePub (Adobe DRM) download by Mai Dao

Strategies for Reforming Korea's Labor Market to Foster Growth

INTERNATIONAL MONETARY FUND
Publication date: July 2014
ISBN: 9781498347921
Digital Book format: ePub (Adobe DRM)

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While the Korean unemployment rates are currently among the lowest in OECD countries, the labor market duality and the underemployment in some segments of the population are important labor market challenges, and factors contributing to lower potential growth. The paper shows the benefits of comprehensive policy reforms aimed at increasing labor force participation and youth employment and reducing duality are likely to be considerable in the medium term.
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