• The Korean Journal of Applied Statistics
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• v.28 no.4
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• pp.807-826
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• 2015

Generational contracts are specified into public pensions based on generational solidarity. The Korean National Pension has been reformed with a focus on generational equity with a narrow meaning related to contribution rate and benefit level. As a result, the Korean National Pension has only emphasized generational equity and not contributed to generational solidarity. We investigate changes in the content of the generational contract and propose to reconstruct generational contract to contribute to solidarity with a more comprehensive perspective. A new social contract by reformed pension system should not concentrate on narrowed generational equity. It should be reconstructed in the direction of enhancing efficacy and the stability of generational solidarity with an emphasis on social sustainability. Investment into the next generation would be one of many policy measures to decrease conflicts around intergenerational redistribution and improve the financial stability of the public pension by creating population structure and labor market changes.

• Asia-Pacific Journal of Business
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• v.15 no.3
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• pp.449-468
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• 2024

Purpose - The purpose of this study was to analyze the civil servant pension system in Korea, focusing on general administrative officials. Design/methodology/approach - This study developed a pension projection model that reflects the latest reforms and applied it to forecast the income replacement ratio and benefit ratios. Based on these projections, the study examined financial trends and proposed necessary reforms to ensure sustainability, such as adjusting the pension age. Findings - First, the benefit ratio decreases with later birth cohorts, showing that the reforms have reduced benefit gaps across generations. Second, while fairness within the same generation shows little difference between ranks, differences in income levels still result in significant disparities in pension amounts. Lastly, the pension deficit is expected to increase until 2029, after which it will gradually decrease, though further reforms are needed to ensure long-term financial sustainability. Research implications or Originality - This study is the first to comprehensively assess the fairness and sustainability of the civil servant pension system in Korea, considering both inter- and intra-generational equity. The findings provide valuable insights for policymakers aiming to ensure the system's sustainability as well as maintaining fairness across different cohorts and income levels.

• Health Policy and Management
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• v.32 no.3
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• pp.258-271
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• 2022

The rapidly aging trend of Korea is a major factor that threatens the sustainability of the long-term care insurance system. Therefore, looking at how Japan and Germany mitigated the financial burden when they managed similar long-term care insurance systems will provide important implications for improving the Korean system in the future. The study was conducted using the literature review method, and the "country" was set as a unit for the case analysis. The three countries selected are Korea, Japan, and Germany. Recently in Korea, the insurance premium rates of all subjects have been rapidly rising, which can exacerbate the issue of intergenerational equity. On the other hand, Japan has responded to the aggravating finances for long-term care insurance due to aging by raising coinsurance for selected groups like the wealthy elderly. Germany is selectively raising the insurance premium rates by additionally increasing the premium rate for childless recipients. A more preventive and quality-oriented care service plan can be promoted by referring to the recent changes in Japan and Germany. In addition, a more effective and selective increase in payment burden in Japan and Germany could be considered in response to a recent equity issue in Korea.

• Asia-Pacific Journal of Business
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• v.1 no.1
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• pp.61-72
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• 2010

A view of cultural heritage as a form of capital considers the long term, dynamic, evolutionary, inter-temporal and inter-generational aspects of cultural heritage. The principles of sustainability provide a basis on the broader issue of culture in economic development. They might be capable of specifying a pattern of development that is "culturally sustainable" in the same way as somewhat similar set of criteria derived for the natural world, the criteria for defining ecologically and environmentally sustainable development. Thus we might accept the principles of material and non-material advancement, intergenerational and intra-generational equity, the maintenance of cultural diversity, the precautionary principle, and the recognition of system interdependence as benchmarks in assessing a cultural development process.

• Journal of the Korean association of regional geographers
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• v.20 no.4
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• pp.454-472
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• 2014

This study is to analyze the approaches of development discourse and its representation in geography curriculum and textbooks for middle school in Korea. The paper examines the spectrum of development discourse in terms of modernization theory, dependency theory, neoliberalism, grassroots development, sustainable development, postcolonism, post-structuralism and post-development. The findings on geography textbook analysis based on them are as follows. First, Most of the textbooks don't include the definition and operational definition on development and sustainable development. Second, development indicators rely on normal economic indicators like GDP or GNI per capita. HDI that includes GDP per capita, level of education and life expectancy is treated in some of the textbooks, and gender index is never presented. Third, a textbook still uses biased terms such as developed and most developed countries instead of developing countries. Fourth, in plans to solve economic unequality and geographical problems, personal level is treated less than the global, nation and NGOs. Finally, statements on sustainable development contain only intergenerational equity, not intergenerational equity. And approaches on sustainable development are based on technocentric approaches more than ecocentric approaches. Thus geography textbooks should be carefully written on development discourse by authors.

• Journal of the Korean Home Economics Association
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• v.31 no.1
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• pp.137-151
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• 1993

This study presents an appraisal of current theorizing process through the review of family studies. Also it shows the outlines of five sociological general theories and how to apply them to family studies. The field of family studies entered a new stage in the middle of the twentieth century. Especially the decade of the 1970s was a period of rapid development in family theories because middle-range theories were developed. Currently identified major conceptual frameworks of family studies are five sociological general theories. Exchange theory was utilized in several studies and the problems could have been conceptualized in a way that would have tested the general theory of rewards, costs, and profits, but in most instances the theory was developed at a limited substantive level. Symbolic interactionism is the most useful in understanding precarious human relationships, such as courtship processes, intergenerational relationships family roles, and powers. General systems theory have been provided generalizaitons useful for understanding the characteristics of the family systems and also useful in describing the interactions with the environment, and the functioning of a family along a continuum of open to closed. Conflict theorists point that the basic units of society comprise all persons who share a sense of status equality and there are continual struggles in society for various goods. This theory attemps to account for the development within the family of norms of equity, or fairness. Phenomenology becomes available when we cease to treat an object as real, and begin to treat the object as meant, as intended, as it appears. Therefore the formulation of an adequate and complete description of family is important. Family theorists must be urged to do a number of things including continuing to improve existing theory and continuing to develop metatheory and methodologies of building theory.

• Korean Journal of Social Welfare
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• v.64 no.4
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• pp.233-259
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• 2012

Recently, the youth employment crisis which is characterized by high unemployment and low employment rate has been considerably serious, while jobless growth has been observed. However, job shortage and unstable labor status of the old are also main issues. To solve this problem, the job creation and deferred retirement for the old has been proceeded. Consequently, it has caused to the intergenerational war on job due to equity of job creation for the youth. However, it is not desirable that the problem would be diagnosed and the policy would be set up although little attention has so far been paid to test empirically this kind of substitution relation. Thus, this research has been analyzed whether the employment relation between the youth and the old is substitution or not. The analysis method is panel data analysis in 15 OECD countries including Korea(1990~2000). Major findings are as follows. First, only half of the youth and the old works. It provides the evidence that the employment crisis is not a problem of special generation but all of them. Second, employment relation between generations followed by panel analysis is not substitution relation. This findings can be interpreted as evidence that it is unlikely to solve the youth employment matter even though the government encourages the early retirement.

• 한국사회정책
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• v.24 no.4
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• pp.3-29
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• 2017

The study checked whether the trade-off relationship between the home ownerhip and welfare by Kemeny and Castles was still valid in four welfare regimes, and analysed the factors of change and stability on rate of home ownership between social democratic states and southern european states. Based on the results of the study, the relationship between housing ownership and public expenditure was confirmed only in the liberal welfare regime and in the conservative welfare regime, as evidenced by the 2014 data collection. Second, social democratic states have dramatically increased housing mortgage loans and showed signs of housing commodification but southern european states have showed pre commodification of housing, maintained comparatively whole home ownership and low mortgage loans. Third, social democratic states has resulted in a rise in housing demand and housing prices, through reduced new housing and social rented housing construction, home owenership friendly taxation and generous lending policies, but southern european states have maintained a stable housing demand and housing prices thanks to the rich housing stocks, extended family, self provision and self promotion by close relatives, and intergenerational inheritance and transfers of housing. Although sequence of the equity ownership and welfare are still unclear, it is not a rational alternatives to induce housing ownership through large mortgage loans.