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The Mechanism of Income Redistribution: The Case of South Korea

Published online by Cambridge University Press:  22 June 2004

Gyu-Jin Hwang
Gyu-Jin Hwang
Affiliation:
International Development Department, University of Birmingham E-mail: [email protected]
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Abstract

This article presents a case study of income redistribution in South Korea. By analysing the most comprehensive household income survey (National Survey of Family Income and Expenditure), it identifies a growing sign of change regarding the extent to which social security is beginning to play an important role in reducing income inequality. Nonetheless, it argues that its impact is yet to be sizeable enough to make a significant difference and, still further, that social security is of little use in terms of mitigating increasing inequality of original incomes which comprise the largest part of gross income.

Type
Articles
Information
Social Policy and Society , Volume 3 , Issue 3 , July 2004 , pp. 243 - 252
Copyright
© Cambridge University Press 2004

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