OECD-KOREA EXPERTS MEETING: Fiscal Responsibility and Long-Term Fiscal Sustainability

Activity: Talk or presentation › Workshop

Description

Facing long-term demographic changes and the accumulation of the government debt, Korea is pursuing adoption of new “Fiscal Responsibility Law” which will introduce fiscal rules (including pay-as-you-go rule), fiscal policy council and reform of social insurance governance. This meeting discusses the related issues. I am speaking in Session 1: Fiscal Responsibility Law and Design of appropriate Fiscal Rules and Session 2: Long Term Fiscal Projection: Analysis and Impact.
Period7 Jul 2016
Held atOrganisation for Economic Cooperation and Development (OECD)

Keywords

  • fiscal councils
  • Fiscal policy
  • fiscal rules
  • fiscal framework

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