1st Edition

The Korean Labour Market after the 1997 Economic Crisis

    248 Pages 71 B/W Illustrations
    by Routledge

    248 Pages
    by Routledge

    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


    Joonmo Cho is Professor of Economics at Sungkyunkwan University, Korea. Richard B. Freeman is Professor of Economics at Harvard University. Jaeho Keum is a Researchers at the Korea Labor Institute. Sunwoong Kim is Professor of Economics at University of Wisconsin, Milwaukee.