Globalization, Labor Market Flexibility and the Korean Labor Reform
- 서울대학교 경제연구소
- Seoul Journal of Economics
- Globalization, Deregulation, and Thier Consequences
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1997.06341 - 372 (31 pages)
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This paper addresses the question of labor market flexibility in Korea. It starts out with a conceptual discussion on different notions of labor market flexibility, identifying market-driven flexibility and strategic behavior-driven flexibility as two basic alternatives. It is then argued that globalization tends to create pressures toward market-driven flexibility, with mixed and uncertain results. Finally, reviewing evidence on labor market flexibility and the saga of the recent law reform, this paper suggests a need to devise a systematic approach to move toward strategic behavior-driven flexibility.
Abstract
Ⅰ. Introduction
Ⅱ. A Conceptual Discussion on Labor Market Flexibility
Ⅲ. Labor Market Flexibilibty Strategies in the Age of Globalization
Ⅳ. Enhancing Flexibility in the Korean Labor Market
Ⅴ. Conclusion
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