Strategies for Reforming Korea's Labor Market to Foster Growth /

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 compreh...

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Detalles Bibliográficos
Autor Principal: Dao, Mai
Outros autores: Furceri, Davide, Kim, Meeyeon, Kim, Tae-Jeong
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/137
Acceso en liña:Full text available on IMF
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520 3 |a 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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