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Danny M. Leipziger - The Distribution of income and wealth in Korea

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title The Distribution of Income and Wealth in Korea EDI Development - photo 1

title:The Distribution of Income and Wealth in Korea EDI Development Studies
author:Leipziger, Danny M.
publisher:World Bank
isbn10 | asin:0821321242
print isbn13:9780821321249
ebook isbn13:9780585264905
language:English
subjectIncome distribution--Korea (South) , Wealth--Korea (South) , Taxation--Korea (South)
publication date:1992
lcc:HC470.I5L58 1992eb
ddc:339.35195
subject:Income distribution--Korea (South) , Wealth--Korea (South) , Taxation--Korea (South)
Page i
The Distribution of Income and Wealth in Korea
Danny M. Leipziger
David Dollar
Anthony F. Shorrocks
Su-Yong Song
EDI DEVELOPMENT STUDIES
The Distribution of income and wealth in Korea - image 2
Page ii
Copyright 1992
The International Bank for Reconstruction
and Development / THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing December 1992
The Economic Development Institute (EDI) was established by the World Bank in 1955 to train officials concerned with development planning, policymaking, investment analysis, and project implementation in member developing countries. At present the substance of the EDI's work emphasizes macroeconomic and sectoral economic policy analysis. Through a variety of courses, seminars, and workshops, most of which are given overseas in cooperation with local institutions, the EDI seeks to sharpen analytical skills used in policy analysis and to broaden understanding of the experience of individual countries with economic development. Although the EDI's publications are designed to support its training activities, many are of interest to a much broader audience. EDI materials, including any findings, interpretations, and conclusions, are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent.
Because of the informality of this series and to make the publication available with the least possible delay, the manuscript has not been edited as fully as would be the case with a more formal document, and the World Bank accepts no responsibility for errors.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, 27 Congress Street, Salem, Massachusetts 01970, U.S.A.
The backlist of publications by the World Bank is shown in the annual Index of Publications, which is available from Distribution Unit, Office of the Publisher, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from Publications, Banque mondiale, 66, avenue d'Ina, 75116 Paris, France.
Danny M. Leipziger is lead economist, David Dollar is senior country economist, and Su-Yong Song is an economist in the World Bank's East Asia and PacificCountry Department I. Anthony F. Shorrocks is professor of economics at the University of Essex, United Kingdom.
Library of Congress Cataloging-in-Publication Data
The distribution of income and wealth in Korea / Danny M. Leipziger... [et al.].
p. cm.(EDI development studies)
Includes bibliographical references (p. )
ISBN 0-8213-2124-2
1. Income distributionKorea (South) 2. WealthKorea (South)
3. TaxationKorea (South) I. Leipziger, Danny M. II. Series.
HC470.I5L58 1992
339.35195dc20 92-14468
CIP
EDI Catalog No. 405/061
Page iii
Contents
Foreword
v
Acknowledgments
vii
Abbreviations and Currency Equivalents
ix
An Overview
xi
1. Trends in the Distribution of Income
1
Picture 3
Korean Income Gains
1
Picture 4
Growth of Income and Consumption
1
Picture 5
Consumption of Housing Services
5
Picture 6
Absolute and Relative Poverty
7
Picture 7
Trends in Income Distribution
10
Picture 8
Historical Income Distribution
11
Picture 9
Income Distribution in the 1980s
16
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