Korea's Retirement Predicament

The Ageing Tiger

Nonfiction, Social & Cultural Studies, Social Science, Cultural Studies, Ethnic Studies, Sociology
Cover of the book Korea's Retirement Predicament by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781135046422
Publisher: Taylor and Francis Publication: July 31, 2013
Imprint: Routledge Language: English
Author:
ISBN: 9781135046422
Publisher: Taylor and Francis
Publication: July 31, 2013
Imprint: Routledge
Language: English

The distinguishing feature for many workers in South Korea is contractual – and often involuntary – retirement at a young age (mid-50s for most workers) followed by precarious and low-paying self-employment or contract work. In the past this practice, which is also found in other East Asian nations, provided firms with a youthful and highly productive workforce. However, with a rapidly aging population and shifts in the labour market, the existing arrangement is becoming less and less functional.

This book examines how this retirement arrangement arose, and the policy reforms that have been both undertaken and proposed to allow workers to remain employed longer. The analysis focuses on the institutional constraints to reforms, as well as the impact forced retirement has on individuals. Using a multi-disciplinary and comparative approach, the authors study contractual mandatory retirement trends and policies in South Korea, and in doing so illuminate the political, social, legal, economic and labour market implications of this widespread practice.

As nations across Asia face aging populations, this book will be welcomed by students and scholars interested in Korean studies, social policy, social welfare and gerontology. It will also be of great value to policy makers.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The distinguishing feature for many workers in South Korea is contractual – and often involuntary – retirement at a young age (mid-50s for most workers) followed by precarious and low-paying self-employment or contract work. In the past this practice, which is also found in other East Asian nations, provided firms with a youthful and highly productive workforce. However, with a rapidly aging population and shifts in the labour market, the existing arrangement is becoming less and less functional.

This book examines how this retirement arrangement arose, and the policy reforms that have been both undertaken and proposed to allow workers to remain employed longer. The analysis focuses on the institutional constraints to reforms, as well as the impact forced retirement has on individuals. Using a multi-disciplinary and comparative approach, the authors study contractual mandatory retirement trends and policies in South Korea, and in doing so illuminate the political, social, legal, economic and labour market implications of this widespread practice.

As nations across Asia face aging populations, this book will be welcomed by students and scholars interested in Korean studies, social policy, social welfare and gerontology. It will also be of great value to policy makers.

More books from Taylor and Francis

Cover of the book Designing for Play by
Cover of the book The Oceanic Languages by
Cover of the book True Warnings and False Alarms by
Cover of the book Marco Polo’s Book by
Cover of the book Tourism and Crisis by
Cover of the book Transnational Corporations and Business Networks by
Cover of the book Remolding and Resistance Among Writers of the Chinese Prison Camp by
Cover of the book Psycholinguistic Implications for Linguistic Relativity by
Cover of the book Europeanization as Discursive Practice by
Cover of the book Female Sexuality by
Cover of the book Cross Curricular Teaching and Learning in the Secondary School… Science by
Cover of the book Translucent Building Skins by
Cover of the book Anna Freud by
Cover of the book Shifting Contexts by
Cover of the book Medieval Papalism by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy