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Inequality of Human Capital Development in the Korean Labour Market, and its Effects on Korean workers’ Occupational Achievements

  • Journal of Regional Studies and Development
  • Abbr : JRSD
  • 2013, 22(1), pp.91-118
  • Publisher : Institute for Poverty Alleviation and International Development: IPAID
  • Research Area : Social Science > Area Studies > Regional Studies in general > Comparative / Statistical Regional Studies

JEAAH JUNG 1 Choi Seok-Hyeon 2 Chang-Hyon Jo 2

1동국대학교
2연세대학교

Accredited

ABSTRACT

The paper deals with institutions involved with workers’ human capital development and their influences on the Korean labour market. It reveals that Korea’s human capital development systems generate two human capital development paths for workers. The first path is for large-firm workers who maintain their career through continuous on-the-job training and renewing of their human capital. Another path is for small-firm workers, who do not have opportunities for human capital development because of their precarious working situations. The reasons for these segregated human capital development paths are: 1) the state’s neglect of its duties as regards to human capital development; 2) discrepancy in financial ability depending on firm sizes; 3)discriminative service from social protection; and 4) mismatch between the education and employment systems. All of these have important implications for policy makers as they strive to facilitate labour market integration.

Citation status

* References for papers published after 2022 are currently being built.

This paper was written with support from the National Research Foundation of Korea.