The Impact of South Korea’s Inheritance Tax on Economic Growth

South Korea,Inheritance Tax,OECD Countries,Philanthropic Contributions,Sustainable Growth

Inheritance tax in South Korea is among the highest in the world, with a top rate of 50%. When combined with the surcharge for large shareholders, the effective tax rate can reach up to 60%, the highest among OECD countries. This has sparked significant debate regarding its impact on economic growth and business continuity. High … 더 읽기

The Growing Interest in a Four-Day Work Week in South Korea

Four-Day Work Week,trend,south korea,model,economic

The concept of a four-day work week is gaining significant traction in South Korea. According to a recent survey by the career platform Saramin, 86.7% of 3,576 employees expressed a positive attitude towards this work arrangement. Notably, more than 60% of these employees are willing to accept a reduction in their wages to benefit from … 더 읽기

Addressing South Korea’s Low Birth Rate: Comprehensive Measures and Innovative Solutions

South Korea,Work-Life Balance,Education,Low Birth Rate

One of the cornerstone proposals is the redesign of the parental leave system to ensure both men and women can freely take parental leave. This initiative aims to promote gender equality in child-rearing responsibilities and support working parents. Expanding spousal leave is also on the agenda, making it easier for families to balance work and … 더 읽기