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In the Republic of Korea, efforts are underway to adopt one of the most broadly used pension default options.
In the highly competitive Korean market, policy makers need to adjust performance indicators and incentives to encourage banks to increase technology financing.
Policies should encourage private sector participation in building long-term patient capital to support innovative start-ups.
Significant reforms are needed to improve indirect investment vehicles in real estate in the Republic of Korea.
Knowledge of a startup’s technology, human resources, marketability, and growth potential lowers the risks of venture capital investments.
The idea behind shared responsibility mortgage is to link the principal balance and interest payments to a house price index.
Under this program, the Republic of Korea will complement the savings of qualified young Koreans.
Financial support and credit rehabilitation can help financially vulnerable borrowers to repay their debts amid economic impacts of COVID-19.
Policy makers must improve labor market conditions and reduce employment uncertainties as part of their economic stimulus plans.
It is necessary to redesign private pension management fee schemes so companies have incentives to compete and develop better products.