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More Information:
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OECD Economic Survey: Korea 2005
Presentation:
Randall Jones, OECD Senior Economist, Japan/Korea Desk, Economics Department |
The event took place Wednesday, November 30, 2005
8:30 AM Registration - 9.00-10.30 AM Presentation
Capitol Hill Club,
Private Dining Room 3, 300 First Street, SE,
Washington, DC 20003,
(202) 484-4590
Korea’s rapid economic development over the past four decades lifted its per capita income from one-third to two-thirds of the OECD average. Continued growth is the result of the structural reforms launched after the 1997 crisis and increasing integration in the world economy. This 2005 OECD Economic Survey of Korea examines key challenges in Korea's shift to a more market-oriented and open economy.
The findings of this report that Mr. Jones discussed include the following: the role of macroeconomic policies in promoting stability and balanced growth; enhancing labor market functioning; restructuring corporate and financial sectors; and upgrading the innovation framework to ensure faster productivity growth. On this latter point, the Economic Survey of Korea discusses how to upgrade the Korean R&D system, strengthen competition and improve the tertiary education sector.
Randall S. Jones is currently Head of the Japan/Korea Desk of the OECD Economics Department. During his 14 years at the OECD, he has helped write six Economic Surveys of Japan and eight Economic Surveys of Korea, in addition to working on several European countries. He has published extensively while at the OECD, including works on economic and financial restructuring in Asia. Prior to joining the OECD, he worked as a staff economist at the US Council of Economic Advisers, as Senior Economist at the Japan Economic Institute and at the US State Department. Mr. Jones holds a PhD from the University of Michigan.
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