The distribution of income and wealth in Korea

Korea ' s development performance is the envy of the developing world. Its success is largely due to the commonly shared goals of its people, supported by a relatively equal distribution of income over three decades of rapid growth. However, developments in the late 1980s, including increases i...

• Corporate Author: Banco Mundial. Instituto de Desarrollo Económico
• Other Authors: Leipziger, Danny M, Dollar, David, Shorrocks, Anthony F, Song, Su-Yong
• Format: Book
• Published: Washington, D.C. World Bank. Economic Development Institute 1992
• Series: EDI development studies
• Subjects: DISTRIBUCION DEL INGRESO; DISTRIBUCION DE LA RIQUEZA; SISTEMAS TRIBUTARIOS; COREA R

Table of Contents:

• Foreword
• Acknowledgments
• Abbreviations and currency equivalents
• An Overview
• 1. Trends in the distribution of income: Korean income gains
• Trends in income distribution
• Recent evidence and issues
• Linkages between distributions of income and wealth
• Development lessons
• Appendix 1.1: Reconciliation of KDI and National Accounts Data
• 2. The distribution of wealth in Korea: Surveys of wealth holdings in Korea
• Wealth statistics revisited
• Summary and conclusions
• Policy lessons
• Appendix 2.1: Contruction of a balance sheet for personal wealth
• Appendix 2.2: Further potential sources of data
• 3. Policy issues in the Korean taxation system: Overview: Characteristics of taxation in Korea
• Major taxes in Korea
• Some issues in Korean taxation
• Policy options
• Policy lessons
• Bibliography
• Index