About this Book

"This book highlights comparative studies of evidence-based policy evaluation and policymaking, applying experiences and lessons learned to policy procedures in Korea and other nations. The first section addresses the role of evidence-based policy, discussing foundational theoretical perspectives essential to the field. Section 2 examines social welfare policies and their evaluation. Section 3 focuses on evaluating tax and fiscal policy. Section 4 explores labor and population policy evaluation. Section 5 evaluates housing and urban planning policy. Key lessons include the use of new methods for interpreting evidence to improve policy outcomes, such as estimating business-cycle-dependent fiscal multipliers and comprehensive measures of inequality. It emphasizes the necessity of additional evidentiary analyses, either through government or independent agencies, similar to the US Congressional Budget Office's role in estimating the effects of new legislation on government revenue and expenditure. Finally, it highlights the adaptability of empirical methods to provide evidence for policy evaluation in Korea and other nations, offering broad lessons on aging and low fertility. While many chapters discuss solutions to Korea's rapidly aging population and low fertility rates, this collection serves as a rich resource for understanding the complexities of policy evaluation in different contexts and provides insights into similar policy issues in other national contexts"--