Addressing Inequality and Inefficiency in the Korean Labor Market
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. This week's guest is an expert in some of the structural problems that are holding the Korean labor market back and allowing inequality to grow. Dr. Vladimir Hlasny of Ewha Womans University discusses his new paper on this topic, which was written for KEI as part of our Academic Paper Series. He discusses some of the pitfalls in the way Korean companies look for employees, the problematic ways job-seekers build skills and market themselves, and much more.