PART I. SOCIAL POLICY CHALLENGES

　1. Introduction and Overview

　　Social Policy Challenges
　　Aging and Social Policy
　　Labor Market Issues
　　Poverty and Public Policy

　2. The Effects of Redistribution on Economic Growth: Empirical Evidence and Policy Implications

　　Introduction
　　Inequality, Redistribution, and Growth: ASurvey of the Literature
　　Growth and Redistribution: Industry-level Evidence
　　Trends in OECD Countries
　　Implications for Korea
　　Summary and Conclusions

PART II. AGING AND SOCIAL POLICY

　3. European Welfare Reforms: The Social Investment Welfare State

　　Introduction
　　Western Welfare States: Current Challenges and the Emerging New Settlement
　　The New Welfare Settlement
　　Social Investment Strategies
　　Evaluation of the New Policy Directions
　　Conclusions

　4. Social Policy in an Aging Society: Trends and Implications

　　Introduction
　　Security in Old Age: The Mandated Minimum
　　The Broader Public Pension Commitment in an Aging Society
　　Trends in Reform of Mandated Earnings-related
　　The Aging Society and Family Policy
　　Summing Up

　5. Population Aging and Sustainability of Korea’s National Pension System

　　Introduction
　　Financial Evaluation of the Current National Pension System
　　Actuarial Evaluation of the Pension Reform Plan
　　Policy Implications
　　Summary and Conclusions

　6. European Responses to the Aging Society

　　Introduction
　　What Is at Stake Is Growth Rather than Competitiveness Per Se
　　Reforming European Public Pension Systems
　　Dealing with Political Obstacles to Reforms: Final Remarks

　7. Japanese Responses to the Ageing Society

　　Introduction
　　Demography and Its Impact on Financing Social Security
　　Japanese Pension Provisions before the 2004 Reform
　　Some Basic Facts about Pensions
　　The 2004 Pension Reform: Main Features and Remaining Difficulties
　　Future Policy Options in Social Security Pensions
　　Social Security Health Care
　　Concluding Remarks

　8. Aging and Health Policy in Korea

　　Introduction
　　Health System and Policy in Korea
　　Aging, Health Insurance, and Health Care Reform
　　Aging and Long-term Care Reform for the Elderly
　　Concluding Remarks

　9. Aging and Social Policy: An International Perspective

　　Introduction
　　National Transfer Accounts: An Overview
　　Data Sources
　　Preliminary Results
　　Conclusions

PART III. LABOR MARKET ISSUES

　10. Active Labor Market Policies: OECD Experiences and Lessons for Korea

　　Introduction
　　Why Active Labor Market Policies? Theoretical Considerations
　　Lessons from the OECD Countries
　　Active Labor Market Policies in Korea
　　Conclusions

　11. An Analysis of Women’s Fertility and Labor Supply

　　Introduction
　　The Relationship between Fertility and Women’s Labor Supply
　　Analytical Framework
　　Policies
　　Conclusions

PART IV. POVERTY AND PUBLIC POLICY

　12. Evaluating Public Housing Programs for Low Income Families in Korea

　　Introduction
　　Public Housing Programs in Korea
　　Public Housing Programs in the United States and United Kingdom
　　A Model
　　Data
　　Empirical Specification
　　Empirical Results
　　Conclusions

　13. Pursuing Two Rabbits? Excellence and Equity in Education in South Korea

　　Introduction
　　Two Rabbits Caught? Excellence and Equity in Korean Education
　　Standardization and “Equalization” in Korean Education Expansion
　　Demand for Private Tutoring and School Productivity: Equity? What Equity?
　　Concluding Remarks

　14. Public Assistance and Workfare

　　Introduction
　　Background of U.S. Programs
　　The Viability of a Work-Based Antipoverty Strategy
　　Employment and Earnings in a Post-TANF World
　　Cracks in the Safety Net?
　　How Should the Safety Net in the United States Evolve?
　　Are There Lessons in This Analysis for Korea and Other Countries?