Policy Issue

Economic Policies for the Second Half of 2018

The second half policies focus on 1) creating jobs and strengthening social safety nets 2) accelerating ‘growth through innovation’, 3) sharing the outcomes of growth, and 4) maintaining expansionary fiscal management.1. Create jobs and strengthen social safety netsThe government will both promote employment and strengthen social safety nets.  1) Strengthen social safety nets- Expand the EITC  in terms of both coverage and the amount received- Expand the unemployment insurance: Increase the amount and period, and gradually broaden the eligibility to artists and independent c...

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Jul 2018

About EB

The Economic Bulletin is a monthly English publication that covers the current status and future outlook of the Korean economy, as well as key economic policies and indicators. By sharing such information with foreign residents in Korea and international opinion leaders, the Economic Bulletin aims to generate a greater international level of understanding on the Korean economy.