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Research Monograph A New Direction in Korea’s Service Industries A New Direction in Korea’s Service Industries December 31, 2019

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Series No. 2019-07

Research Monograph KOR A New Direction in Korea’s Service Industries A New Direction in Korea’s Service Industries #Demographics #Early Childhood Education #Industry Studies : Service Business #Welfare Policy
DOIhttps://doi.org/10.22740/kdi.rm.2019.07 P-ISBN979-11-5932-543-4 E-ISBN979-11-5932-555-7

December 31, 2019

  • KDI
    Yong-seong Kim
  • 프로필
    Inkyung Kim
  • KDI
    Suil Lee
  • 프로필
    Junghyun Kwon
  • KDI
    PARK, Yoonsoo
  • 프로필
    Jungwook Kim
Summary
Despite the remarkable achievement of entering an era that boasts 30,000 dollars per capita, the Korean economy faces growing concerns over whether the quality of life is one of an advanced country, and whether the current growth strategy is still viable as we move forward. Indeed, the rapidly changing global environment has exposed Korea’s vulnerabilities, and the stagnation in major exporting industries, which have long driven growth, has stalled job creation. Further still, the number of jobs is expected to increasingly diminish in the long-term due to slowing growth, low birth rates, population aging, and technological progress.

One solution to secure sustainable and inclusive growth is to bolster the service industry; a vital component of the national economy which accounts for more than half of the national GDP and about 70% of total employment. However, current productivity is so low that little contribution has been made to economic growth and the creation of quality jobs. This underscores the significance of the service industry and the role it plays in improving quality of life and building a better future.

This study aims to present measures to drive growth and job creation, and to enhance the public service sector which is expected to be in growing demand. To that end, the problem areas and current status of five service industries―child care, lifelong learning, elderly care services, healthcare and tourism―are identified, and overseas cases are analyzed in-depth to draw the policy implications and introduce a direction for practical short- and long-term measures.
Contents
Preface
Executive Summary

Chapter 1 Introduction
 Section 1 Current Status and Perception of the Service Industry
 Section 2 Barriers to Service Industry Development
 Section 3 Service Industry: Quality of Life and Job Creation
 References

Chapter 2 Job Creation Through Improvements in Early Childhood Care and Education
 Section 1 Introduction
 Section 2 Overview of Early Childhood Care and Education Institutions by Country
 Section 3 Quality Regulations on Early Childhood Care and Education Institutions
 Section 4 Parental Participation in Early Childhood Care and Education Institutions
 Section 5 Childcare Practices and Financial Support for Early Childhood Care and Education Institutions
 Section 6 Conclusion
 References

Chapter 3 Lifelong Learning Participation and Fiscal Policy Implications
 Section 1 Introduction
 Section 2 Current Status and Challenges of Lifelong Learning Participation
 Section 3 Policy Directions and International Case Studies
 References
 Appendix

Chapter 4 Enhancing Elderly Care Services for an Aging Society
 Section 1 Introduction
 Section 2 Demand and Supply Forecasts for Elderly Care Services
 Section 3 Improving Job Quality in Elderly Care Services
 Section 4 Conclusion and Policy Implications
 References

Chapter 5 Promoting the Health Management Service Industry
 Section 1 Introduction
 Section 2 Current Status of the Health Management Service Industry
 Section 3 Economic Impact of Health Management: Case Study on Obesity Management
 Section 4 Health Management Service Promotion and Regulations
 Section 5 Policy Measures for Health Management Services Based on Advanced Country Case Studies
 Section 6 Conclusion
 References

Chapter 6 Strategies for Revitalizing the Tourism Industry
 Section 1 The Role of the Tourism Industry in the Korean Economy
 Section 2 Current Status and Promotion Strategies of Korea’s Tourism Industry
 Section 3 Case Study on Japan and Comparison with Korea
 Section 4 Improving Policy Governance for Effective Performance
 References
 Appendix

Chapter 7 Conclusion

ABSTRACT
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