This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean firms with and without Chaebol affiliation. To do so, we have assembled for the first time panel data (that provide information not only on executive compensation and firm...

Contents: Foreword -- Introduction -- 1. Accumulating human capital for sustainable development -- 2. Education bubble and widening inequality -- 3. Making education diversification reform happen -- 4. Turning around failing vocational high schools -- 5. Deteriorating skills and weak life-long...

"Project-based learning (PBL) is gaining increasing prominence as an educational tool for enhancing students' key future competences - communication, collaboration, critical thinking and creativity, referred to as the 4Cs. However, the proportion of PBL classes in Korean schools is among the...