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.


chapter |18 pages


ByRichard B. Freeman, Sunwoong Kim

chapter |23 pages

Historical background before and after the financial crisis

ByJae-Ho Keum

chapter |21 pages

Tertiarization of employment

ByJai-Joon Hur

chapter |20 pages

Female employment structure and policy agenda in Korea

ByHyewon Kim

chapter |27 pages

Income polarization and rising social unrest *

ByKi Seong Park, Donggyun Shin

chapter |21 pages

Youth employment measures

ByJae-Ho Keum

chapter |10 pages

Not in education, employment, or training (NEET) youth

ByJaeseong Lee, Kwangho Woo

chapter |16 pages

The relationship between research performance and teaching outcome

Evidence from higher education in South Korea
ByCheolsung Park, Young Lee

chapter |15 pages

Economic crisis and policies on foreign workforce

ByKyuyong Lee

chapter |14 pages

Economic crisis and Korean vocational training

ByChang Kyun Chae