Long-term Projection of Social Expenditure in Korea

Table Of Contents: Chapter 1 Research Background, Objectives and Structure 1
Ⅰ. Research background 3
Ⅱ. Research objectives and structure 4
Chapter 2 OECD SOCX Categories 7
Ⅰ. OECD SOCX 9
Ⅱ. Application of OECD SOCX to the 2013 Korean government budget 18
Ⅲ. Limits of applying OECD SOCX classification to Korea, and future tasks 28
Chapter 3 Expenditure Projection Method 37
Ⅰ. Overview 39
Ⅱ. Expenditure projection method 41
Chapter 4 Social Insurance Fiscal Projections 49
Ⅰ. National Pension 51
Ⅱ. Civil service occupational pensions 65
Ⅲ. National Health Insurance (NHI) and Long-term Care Insurance for the Elderly (LTCIE) 87
Ⅳ. Unemployment Insurance (UI) and Workers Compensation Insurance (WCI) 95
Chapter 5 Projections of Social Expenditure Finance by General Revenue(other than Social Insurance) 113
Ⅰ. Programs for structured long-term projection model 115
Ⅱ. Programs for simple projection model 133
Chapter 6 Social Expenditure Projection Results and International Comparison 155
Ⅰ. Social expenditure projection results 157
Ⅱ. Social expenditure in major OECD countries 180
Chapter 7 Conclusion and Policy Implications 209
Ⅱ. Summary 211
Ⅱ. Policy implications 214
￭References 217
￭Appendices 219
[Appendix 1] Demographic and economic assumptions 219
[Appendix 2] Application of the inflation rate as the rate of increase in general fiscal expenditure 221

KIHASA Research Subject Classification: General social security > Social security financing

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