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http://dx.doi.org/10.14702/JPEE.2020.187

Principle of Insurance or a Social Right? : Centering on the Development of Individual Learning Accounts in Korea  

Jang, Sinchul (Central Labor Relations Committee)
Publication Information
Journal of Practical Engineering Education / v.12, no.1, 2020 , pp. 187-202 More about this Journal
Abstract
Can job training be considered a social right? Who must bear the costs of individual job training? This paper studies these two issues by examining the Korean Individual Learning Accounts (ILA) revised in 2020 and proposes future policy directions. Although there is no explicit legal provision stipulating job training as a lawful right in Korea, such absence does not negate the government's role of providing vulnerable people, etc with necessary training. Korean ILA heavily depends on the Skills Development Scheme under the Employment Insurance System which succeeded the past mandatory training levy system and it becomes harder to maintain principle of insurance because of sizable volume of atypical workers who are not insured. For future policy directions, it is desirable to increase the burden of general budget and self-financing as they are below 30% combined and the coverage of the ILA needs to be steadily expanded to all economically active people. Also, labor-management should step up joint efforts to stimulate the use of already existing policies such as paid training leave and request for reduction of working hours.
Keywords
National Learning Card; Individual Learning Accounts; Individual-led training; Market failure; Co-financing;
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