Fixing the Korean Labor Market | October 27, 2016

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South Korea faces rising social inequality, low and stagnating productivity, and unsustainable demographic changes, all of which threaten long-term economic growth prospects as well as social stability. Although a panacea may not exist, addressing the rigidities and deficiencies of the Korean labor market is a crucial way to alleviate these issues. A number of policies intending to reform the labor market have been put forward, but many of the core challenges, such as opportunities for marginalized workers, continue to persist.
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Korea, South
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