Series: IMF Working Papers
Author(s): Selim Elekdag
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 October 2012
Keywords: Korea, growth, social, spending, social spending, labor market, labor market participation, relative poverty, General,
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...