pt. I. Social and fiscal policy -- pt. II. Issues in labor market policy -- pt. III. Social insurance and policy effectiveness -- pt. IV. Education policy effectiveness -- pt. V. Issues in antipoverty programs.

On December 31, 2009, the Government Employees Pension System (GEPS) in the Republic of Korea was faced with a huge pension reform. The objective of the reform was to lessen the financial burden in the future. This paper tries to provide a comprehensive understanding on the 2009 reform,...

This paper conducted a quantitative assessment based on a simulation analysis of what impact the reformed Korean National Pension Act on July 2007 could bring on its sustainability, equity, and adequacy, and then it inquires into policy implications for further evelopment of the system. Overall,...

Korean Abstract: 우리나라 국민연금제도는 지난 1999년 도시지역 자영자들을 가입대상에 포함시킴으로써 명목적으로는 전 국민을 대상으로 한 보편적(universal)인 연금제도로서의 기틀을 마련하였다. 그러나 실제로는 납부예외자...

This paper conducted a quantitative assessment based on a simulation analysis of what impact the reformed Korean National Pension Act on July 2007 could bring on its sustainability, equity, and adequacy, and then it inquires into policy implications for further development of the system. [ADBI...