and national pension was improved, health insurance system was simplified. There were lots of welfare policies in former governments, however, Kim DaeJoong government make real change by positive welfare. Civil organizations greatly developed, presented issues about socialwelfare, and suggest policy alternatives actively. The development of civic groups be a most important part of new governance
the labor market, there are variations in the labor market. The realization of equal socialwelfare, the establishment of industrial democracy and a self-labor movement, shows conflicting industrial relations characterized by recurring extreme duress as yearly strikes in the industry remains a problem to be solved. In the eve of the 21st century digital economy there is growing need for a new con
and national development challenges.
UNDP emanated from the merging of the United Nations Expanded Programme of Technical Assistance, created in 1949, andthe United Nations Special Fund, established in 1958. UNDP, as we know it now, was established in 1965 by the General Assembly of the United Nations.
UNDP’s headquarters are located in New York. UNDP has liaison offices in Geneva, Bruss
the 1970s, labeling the 1970s Korea as a typical form of the authoritarian developmental state. Korea’s developmental state was successful in achieving its core goals: economic growth and industrialization. However, during the years of economic development, social policies were largely underdeveloped or functioned, at the most, as a subsidiary of economic and industrial policies. Recently a new
andthe high deposit level in banks, housing prices continued to surge.
In 2007, tighter financing policies were implemented. The central bank raised lending rates by six times during the year, directly increasing the burden of housing mortgage loans. The central bank also raised the interest rate for residential property loans in August of the same year.
In addition, new regulations for re