Table of contents:

Executive summary

Assessment and recommendations
- Korea’s economic expansion and macroeconomic policies to sustain it
- Policies to promote economic growth
- Policies to promote social cohesion by addressing rising income inequality and relative poverty
- Conclusion
- Bibliography
- Annex A.1. Economic co-operation with North Korea
- Annex A.2. Progress in structural reforms

Chapter 1. Sustaining Korea’s convergence to the highest-income countries.
- Korea’s long-run growth potential
- Labour market reforms to boost employment and productivity
- Tax policies to promote employment and growth
- Policies to improve educational outcomes
- Increasing the role of the education system in innovation
- Promoting the development of the service sector
- Conclusion
- Bibliography

Chapter 2. Achieving the “low carbon, green growth” vision in Korea
- Mitigating climate change
- Creating new engines for growth
- Improving the quality of life through green growth
- Conclusion
- Bibliography

Chapter 3. Promoting social cohesion in Korea
- Rising income inequality and relative poverty and the factors behind it
- Social spending is low but increasing rapidly
- Increasing social spending to promote social cohesion
- Labour market reforms to promote social cohesion by breaking down dualism
- Reforms in the education system to promote social cohesion
- The service sector as a factor in inequality
- Conclusion
- Bibliography