Social Spending in Korea : Can it Foster Sustainable and Inclusive Growth? /

Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea. In p...

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Bibliographic Details
Main Author: Elekdag, Selim
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/250
Online Access:Full text available on IMF