SHERP

Globalization, Labor Market Flexibility and the Korean Labor Reform

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Authors
You, JongIl
Issue Date
1997
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 10 (No. 4 1997): 341-372
Keywords
labor market flexibility; recent law reform; British Labour Party
Abstract
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.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1109
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.10(4) (Winter 1997)
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