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Understanding Korean Public Administration
Although much has been written about the Korean public administration, the international academic community has little knowledge about it as most of the literature has been written in Korean. This book aims to provide more accessible knowledge internationally by filling that gap, covering both the history and the current status of the Korean public administration. This book is a collaboration of many Korean public administration scholars and would appeal to those interested in the secrets of Korea’s rapid development in such a short span of time. Each chapter covers historical contexts, key to understanding its public administration and an important aspect as Korea is a fast changing society. The book takes on a more pragmatic approach rather than to put the Korean experiences into the western theory. Each chapter therefore provides an extensive discussion on the lessons-learned and practical implications.
Analysis of Net Tax Burden in Korea
In recent days, there is an active discussion on the size of the social welfare expenditures. We need to evaluate first on the efficiency of current fiscal expenditure, because the source of the government expenditure is mostly financed by tax. Specifically, we need to investigate whether the expenditure properly attain its original objective, the effectiveness of the short- and long-term expenditures, and the appropriateness of the size of the government expenditures. In this research, we investigated the burden of net-tax by income decile group. The net tax is defined as the difference between taxes and benefits. A micro-simulation model for the tax-benefit model is started to be developed...
Public Finances During the Korean Modernization Process
This final volume in the series Studies in the Modernization of the Republic of Korea, 1945–1975, is an analysis of the contribution of tax and expenditure policy to Korea’s rapid economic development during the 1953–1975 period. Based upon specially compiled and comprehensive revenue and expenditure data, the authors first trace the history of Korean fiscal policy during the modernization period and then examine how Korea’s fiscal development has differed from that of other countries. The results of the analysis show that Korea did not follow the traditional path of a steadily increasing tax effort, reliance on direct taxes, and emphasis on income distribution. Instead, through improved tax administration and expenditure control, the savings rate was increased dramatically.
Korean Bank Regulation and Supervision:Crisis and Reform
This work identifies the continuing structural weaknesses of the Korean banking system, which were thrown into sharp relief by the 1997 financial crisis, and focuses on the need for reform in order to achieve financial stability. The study centres around three central questions: Who should be the regulator? What substantive standards of supervision should be applied? Administratively, in what manner should these standards be applied? The book argues that the Korean banking system, characterised as a `governmental control system' for credit allocation, should be removed from undue governmental and political interference, thus allowing the involvement of banks in commercially oriented practices without exposure to the significant risks incurred by governmental policy directed lending. The author calls for a high degree of transparency and accountability, for a clear, realistic timetable for restructuring, and for an effective exit policy for troubled commercial banks. This book will be of value to practitioners, researchers and academics working in the field of banking law, particularly those with a special interest in the Asia-Pacific region.
Policy Analysis in South Korea
The industrialisation and modernisation in South Korea that followed the Second World War resulted in rapid progress in economic development, public administration, social service provision and the establishment of modern public policy. Bringing together outstanding researchers, this book is the first to examine the theory and practice of policy analysis in South Korea. The volume explores the historical development of policy analysis, and procedures for decision making at different levels of government. Drawing on case studies, contributors consider the issues and players that affect executive and legislative branch policy analysis, as well as policy design and analysis in the public arena and the shifting role of policy and research institutes, think tanks and post-secondary institutions.
