Migrant workers and their roles in the Korean economy and society
by Sang-Chul Park
International Journal of Value Chain Management (IJVCM), Vol. 13, No. 2, 2022

Abstract: Korea's rapid economic development is mainly based on export oriented industrial policy and technological innovation policy supported by an efficient human resource management and a strong education system. Since Korean industries have become globalised, migrant workers started to arrive in Korean labour market. It increased from 300,000 in 2000 to 1,409,000 in 2017. Most of migrant workers are working in SMEs as irregular jobs with low wages although their wages in Korea are much higher than their home countries. This paper focuses on roles of migrant workers in the Korean economy and society. Moreover, it analyses the fundamental reasons why migrant workers pour to Korea in such a short period and which impacts of the migrant workers have created on the Korean economy and society. Last, but not least, it compares situation and working condition of Korean migrant workers with other migrant workers in advanced countries.

Online publication date: Mon, 27-Jun-2022

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