For economists, policy-makers, and historians who want to learn how the Korean labor market dealt with the 1997 financial crisis and how this informed future policies, this volume provides a succinct summary of what Korean experts know and how they view the problems the country must overcome to continue on its road to the top rungs of economic success. The book is filled with institutional detail and statistics to enlighten scholars and with critiques of policy and potential solutions from labor specialists. It provides a guide to the data on Korean workers and firms that can inform future research work.
1. Introduction Richard B. Freeman and Sunwoong Kim 2. Historical Background Before and After the Financial Crisis Jaeho Keum 3. Tertiarization of Employment Jaejoon Hur 4. Female Employment Structure and Policy Agenda in Korea Hyewon Kim 5. Income Polarization and Rising Social Unrest Ki Seong Park and Donggyun Shin 6. Institutional Insecurity and Dissipation of Economic Efficiency from the Labor Market flexibility in the Korean Labor Market Joonmo Cho 7. Youth Employment Measures Jaeho Keum 8. The Cause behind Youth Unemployment and Improvement Measures Jaesung Lee and Kwangho Woo 9. The Relationship between the Research Performance and the Teaching Outcome: Evidence from Higher Education in South Korea Cheolsung Park and Young Lee 10. Economic Crisis and Korean Migration Policies: Policies on Foreign Workforce Kyuyong Lee 11. Economic Crisis and Korean Vocational Training Changkyun Chae