Korea, Republic of
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The Korea Fair Trade Commission oversees consumer education in Korea. In addition, 260 organisations, including government ministries (the Korea Fair Trade Commission of the Consumer Education Committee, the Ministry of Education, Science and ...
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Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by weak competition in services resulting from strict product market regulation and the low level of import penetration and inflows of...
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Korea has one of the lowest tax burdens in the OECD area, reflecting its small public sector. However, rapid population ageing will put upward pressure on government spending. The challenge is to meet the long-run need for greater expenditures and...
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A well-functioning labour market is essential to sustain rapid economic growth in the face of population ageing. Priorities are to reverse the rising share of non-regular workers, which has negative implications for both growth and equity, and...
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