Korea's Retirement Predicament: The Ageing Tiger (Routledge Advances in Korean Studies)

Synopsis

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.

Copyright:

2013

Book Details

Book Quality:

Publisher Quality

Book Size:

190 Pages

ISBN-13:

9781135046422

Related ISBNs:

9780203362082, 9780415644105, 9781138562561

Publisher:

Taylor and Francis

Date of Addition:

05/09/23

Copyrighted By:

selection and editorial material, Thomas R. Klassen and Yunjeong Yang

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

Nonfiction, Social Studies, Sociology

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.

Edited by:

Thomas R. Klassen

Edited by:

Yunjeong Yang