KDI Policy Forum
(Korea Development Institute, 2020-08-05)Concerns prevail that a policy rate cut could weaken bank profitability and trigger financial instability.
Trade Liberalization and Manufacturing Productivity Changes in Korea During the Past Three Decades (Korea Development Institute, 2020-07-01)This study examines the effects of Korea’s trade policies in terms of bolstering the productivity of existing firms in the tradable sector. It shows that Korea’s FTAs with major trade partners, such as the EU, US and China, have failed to provide ...
(Korea Development Institute, 2020-05-14)The phased implementation of the minimum mandatory retirement age (60) from 2016 has expanded the employment of older workers (55-60) but reduced that of young workers (15- 29). The negative effect has been particularly pronounced at large companies ...
(Korea Development Institute, 2020-01-21)The contracted internal rate of return (CIRR) of Korea's public-private-partnership (PPP) projects does not properly reflect the risks associated with the different types and characteristics of facilities and government support. Rather, the rates are ...