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Pension Reform in Korea: Conflict between Social Solidarity and Long-term Financial Sustainability

In: Ageing and Pension Reform Around the World

Author

Listed:
  • Yeon Myung Kim
  • Kyo-seong Kim

Abstract

This book comprehensively documents developments in pension policy in eleven advanced industrial countries in Western Europe, East Asia and North America. In order to explore what population ageing means for the sustainability of pension systems, the authors present a detailed review of pension policy making over the past two decades and provide up-to-date analysis of current pension legislation. They examine the factors that can facilitate or impede the adaptation of pension systems and the features that shape and determine reforms. They also highlight the fact that although the path of reform taken by each country is somewhat different, the processes at work are often very similar.

Suggested Citation

  • Yeon Myung Kim & Kyo-seong Kim, 2005. "Pension Reform in Korea: Conflict between Social Solidarity and Long-term Financial Sustainability," Chapters, in: Giuliano Bonoli & Toshimitsu Shinkawa (ed.), Ageing and Pension Reform Around the World, chapter 10, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3368_10
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    Citations

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    Cited by:

    1. Richard Ronald & Mee-Youn Jin, 2010. "Homeownership in South Korea: Examining Sector Underdevelopment," Urban Studies, Urban Studies Journal Limited, vol. 47(11), pages 2367-2388, October.
    2. Martin Hering, 2009. "A New Bismarckian Regime? Path Dependence and Possible Regime Shifts in Korea’s Evolving Pension System," Social and Economic Dimensions of an Aging Population Research Papers 262, McMaster University.

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