OECD Economic Surveys: Korea
- Frequency :
- Every 18 months
- ISSN :
- 1999-0707 (online)
- ISSN :
- 1995-364X (print)
- DOI :
- 10.1787/19990707
OECD’s periodic surveys of the Korean economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.
OECD Economic Surveys: Korea 1996
- Publication Date :
- 01 Jan 1996
- ISBN :
- 9789264166424 (PDF) ; 9789264148888 (print)
- DOI :
- 10.1787/eco_surveys-kor-1996-en
Table of Contents
Introduction
-The contours of the Korean economic miracle
-How does the economy's present situation compare internationally?
-The importance of further economic reform
I. Recent trends and prospects
-A strong upswing since 1993...
-...was led mainly by business investment and exports...
-...while personal sector demand grew only modestly
-With imports increasing rapidly...
-...the current account deficit widened
-At the same time, the labour market tightened significantly...
-...but inflation remained relatively stable...
-...and seems unlikely to accelerate given the expected slowdown in activity
II. Financial opening and its policy implications
-The steps towards financial deregulation up to 1995
-The current government's liberalisation programme
-Financial policies during the transition
-Concluding remarks
III. The state of public finances
-The healthy government financial position
-The need to increase social welfare and infrastructure spending
-Changes in the tax system
-Assessment
IV. Structural reform in the product and labour markets
-Labour market policy
-Industrial policy
-Competition policy
-Trade policy
-Assessment
V. Conclusions
Notes
Bibliography
Statistical annex and structural indicators
