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Solutions include lowering statutory maximum lending rates, expanding policy financing and mid-rate loans, increasing loans and loan guarantees.
The Korean government has employed comprehensive policy measures to manage household debt risks.
A comprehensive grievance redress mechanism used a wide range of tools, institutions, and approaches to resolve project complaints and mitigate potential issues.
The Republic of Korea’s capital city faced and resolved a series of obstacles to constructing a modern public building on a historic site.
High upfront costs and lack of incentives impede fuel efficiency initiatives in road freight in the Greater Mekong Subregion.
Urban planners in Seoul shifted from paper-based processes to a computerized system to improve information sharing and decision-making.
More attention needs to be given to borrowers' wider financial condition to ensure customized loan management.
Jobs, education and skills development are needed to help elderly people lead a more stable life and contribute to the economy.
It is necessary to redesign private pension management fee schemes so companies have incentives to compete and develop better products.
Personal credit information could be an important determining factor in insurance underwriting and the calculation of premiums.