ABSTRACT

The economic crisis in 1997 exposed the inability of Korea to deal with external shock and also exposed the weak domestic social infrastructure's inability to cushion against the impact of shock. As a result, based on the understanding that the already existing social policy system had a fundamental limit in dealing with economic crisis, Productive Welfare was established. It was established after reviewing the national policies on welfare, labor, environment, culture and education with scholars and experts in these fields. With such a background, Productive Welfare was born in 1999 as a new paradigm of Korean social policy.