Korea’s Tax System: A Growth-Oriented Choice

10/01/2009
Working Paper

Korea’s tax system does not much resemble those found in developed countries. The tax bases are narrow and the overall tax burden is relatively low. Tax revenue as a fraction of GDP has increased steadily over the past decades, but at around 20 percent it is still among the lowest in the OECD.

The full launch event is available to watch here: Morning Session and Afternoon Session

Join us at FfD4 – Events Here

Spotlight

Related Publications

New Report: How New York State Lawmakers Can Help Address Debt Crises in the Global South

New York State law has enormous implications for sovereign debt sustainability and debt crises resolutions,

01/16/2025
Policy Brief

Publication Details >>

Equity Prices, Market Power, and Optimal Corporate Tax Policy

We study the optimal design of corporate tax policy in a textbook life-cycle model featuring

03/04/2025
Working Paper

Publication Details >>

The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy

On June 20, 2025 the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative

06/20/2025
Policy Brief

Publication Details >>

Korea’s Tax System: A Growth-Oriented Choice

Join us at FfD4 – Events Here

Spotlight

Remarks by Martín Guzmán at 12th Edition of the Paris Forum: Key findings and conclusions of the Jubilee Report

Related Publications

New Report: How New York State Lawmakers Can Help Address Debt Crises in the Global South

Equity Prices, Market Power, and Optimal Corporate Tax Policy

The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy