Social spending in Korea: can it foster sustainable and inclusive growth/
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C.]
International Monetary Fund
c2012
|
Schriftenreihe: | IMF working paper
WP/12/250 |
Schlagworte: | |
Online-Zugang: | Volltext |
Beschreibung: | Title from PDF title page (IMF Web site, viewed Oct. 25, 2012). - "Asia and Pacific Department.". - "October 17, 2012." 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 in social spending could promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which supports labor market reforms can boost longer-term growth. However, despite rapid increases recently--albeit from a low base--there is still a social spending gap relative to Korea's OECD peers. Because of several fiscal challenges in the coming decades, increases in social spending should be incremental, and would be usefully guided by a longer-term fiscal framework Includes bibliographical references |
Beschreibung: | 1 Online-Ressource (21 p.) |
ISBN: | 9781475532586 147553258X |
Internformat
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500 | |a 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 in social spending could promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which supports labor market reforms can boost longer-term growth. However, despite rapid increases recently--albeit from a low base--there is still a social spending gap relative to Korea's OECD peers. Because of several fiscal challenges in the coming decades, increases in social spending should be incremental, and would be usefully guided by a longer-term fiscal framework | ||
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any_adam_object | |
author | Elekdag, Selim |
author_facet | Elekdag, Selim |
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dewey-search | 339.5/22095195 |
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id | DE-604.BV042967041 |
illustrated | Not Illustrated |
indexdate | 2024-07-10T07:14:00Z |
institution | BVB |
isbn | 9781475532586 147553258X |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-028392908 |
oclc_num | 814406168 |
open_access_boolean | |
physical | 1 Online-Ressource (21 p.) |
psigel | ZDB-4-EBU FLA_PDA_EBU |
publishDate | 2012 |
publishDateSearch | 2012 |
publishDateSort | 2012 |
publisher | International Monetary Fund |
record_format | marc |
series2 | IMF working paper |
spelling | Elekdag, Selim Verfasser aut Social spending in Korea can it foster sustainable and inclusive growth/ prepared by Selim Elekdag [Washington, D.C.] International Monetary Fund c2012 1 Online-Ressource (21 p.) txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/12/250 Title from PDF title page (IMF Web site, viewed Oct. 25, 2012). - "Asia and Pacific Department.". - "October 17, 2012." 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 in social spending could promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which supports labor market reforms can boost longer-term growth. However, despite rapid increases recently--albeit from a low base--there is still a social spending gap relative to Korea's OECD peers. Because of several fiscal challenges in the coming decades, increases in social spending should be incremental, and would be usefully guided by a longer-term fiscal framework Includes bibliographical references BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Government spending policy fast Human services / Finance fast Social policy fast Wirtschaft Government spending policy Korea (South) Human services Korea (South) Finance International Monetary Fund Asia and Pacific Department Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=516440 Aggregator Volltext |
spellingShingle | Elekdag, Selim Social spending in Korea can it foster sustainable and inclusive growth/ BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Government spending policy fast Human services / Finance fast Social policy fast Wirtschaft Government spending policy Korea (South) Human services Korea (South) Finance |
title | Social spending in Korea can it foster sustainable and inclusive growth/ |
title_auth | Social spending in Korea can it foster sustainable and inclusive growth/ |
title_exact_search | Social spending in Korea can it foster sustainable and inclusive growth/ |
title_full | Social spending in Korea can it foster sustainable and inclusive growth/ prepared by Selim Elekdag |
title_fullStr | Social spending in Korea can it foster sustainable and inclusive growth/ prepared by Selim Elekdag |
title_full_unstemmed | Social spending in Korea can it foster sustainable and inclusive growth/ prepared by Selim Elekdag |
title_short | Social spending in Korea |
title_sort | social spending in korea can it foster sustainable and inclusive growth |
title_sub | can it foster sustainable and inclusive growth/ |
topic | BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Government spending policy fast Human services / Finance fast Social policy fast Wirtschaft Government spending policy Korea (South) Human services Korea (South) Finance |
topic_facet | BUSINESS & ECONOMICS / Economics / Macroeconomics POLITICAL SCIENCE / Economic Conditions Government spending policy Human services / Finance Social policy Wirtschaft Government spending policy Korea (South) Human services Korea (South) Finance |
url | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=516440 |
work_keys_str_mv | AT elekdagselim socialspendinginkoreacanitfostersustainableandinclusivegrowth AT internationalmonetaryfundasiaandpacificdepartment socialspendinginkoreacanitfostersustainableandinclusivegrowth |