| OECD Economic Surveys: Korea 2020 Contributor(s): Oecd (Author) |
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ISBN: 9264733841 ISBN-13: 9789264733848 Publisher: Org. for Economic Cooperation & Development OUR PRICE: $57.00 Product Type: Paperback - Other Formats Published: September 2020 * Not available - Not in print at this time * |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - General - Political Science | Public Policy - Economic Policy |
| Physical Information: 0.35" H x 8.25" W x 11" (0.89 lbs) 128 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Economic activity has contracted less in Korea than in other OECD countries, thanks to the prompt and effective reaction of the authorities to contain the spread of the COVID-19 virus and to the wide-ranging government support to households and businesses. Nevertheless, the pandemic generates strong headwinds. Huge uncertainty surrounds global economic prospects and hence the outlook for exports, which are a key engine of the Korean economy. The crisis will have a lasting effect on some economic sectors and therefore require significant resource reallocation. The impact of the COVID-19 pandemic compounds pre-existing challenges, notably rapid population ageing and relatively low productivity in parts of the economy. This Survey draws on the OECD Jobs Strategy to outline policies to enable the creation of more and higher-quality jobs and foster more inclusive growth. It also highlights how further digitalisation can boost productivity growth, competitiveness and well-being. SPECIAL FEATURES: AGEING, DIGITALISATION |
