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Reforming the Public Expenditure System in Korea

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/reforming-the-public-expenditure-system-in-korea_866056726747.html
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Although Korea has the second-lowest level of public spending among OECD countries at 22½ per cent of GDP, it faces strong upward spending pressures over the medium and longer term, which could threaten fiscal sustainability. This paper analyses the main features of Korea’s public expenditure system and reviews expenditure trends and the main...
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