Seven panelists focused on one panelist speaking

Group of conference participants standing in front of the Korean flag

On October 29, 2019, the Care Work and the Economy Project (CWE-GAM) and its partner in South Korea the Center for Transnational Migration and Social Inclusion (CMTS), which was officially launched in August of this year under the Institute of International Affairs at SNU GSIS, hosted an international conference on “Values of Care Work and Social Inclusion.” Five other institutions joined efforts to lend generous support for this event, including Open Society Foundations and the the William and Flora Hewlett Foundation.

The conference brought together researchers and representatives from civil society organizations to share knowledge on the present state of care provisioning in South Korea, learn about the respective challenges for paid and unpaid caregivers, and discuss necessary policy changes that are grounded in recognition of the value of care work. Stories from Thailand, Malaysia, and Colombia enriched the discussion and provided better perspectives to reflect on the case of South Korea. The participants affirmed the need for enhanced cooperation between the research community and civil society so that the actual voices of care workers can be better heard in the process of policymaking.Participants looking intently at a speaker

The October 29th conference was held as part of a four-day program comprising two expert workshops and two conferences, which aimed to examine the subject of care in the context of solidarity and social inclusion. The Care Work and the Economy Project (American University), lead by co-PIs Maria Floro and Elizabeth King, and CMTS, under the directorship of Ki-Soo Eun of SNU GSIS, has been conducting research with a broad network of international scholars to achieve a deeper understanding of the nature of care work through the use of innovative measures and methods, and to contribute to the development of tools for shaping relevant macroeconomic and social policies.

A social accounting matrix (SAM) is an economy-wide consistent representation of the payments in an economy, linking production, primary factors, and institutions (the latter often split into households, government, and the rest of the world). In the words of Round (2003), “it is a comprehensive, flexible, and dis-aggregated framework which elaborates and articulates the generation of income by activities of production and the distribution and redistribution of income between social and institutional groups.” Most of the time, a SAM refers to the economy of a country for one year. It may be used to describe the structure of an economy and as a data input to economic models, most importantly CGE models. This paper documents a gendered Social Accounting Matrix (SAM) for South Korea for 2014: the steps followed in its construction, the data sources, and what the SAM says about the economic structure of this country (for brevity from now on referred to as Korea), including gender, time use, and the role of households in providing care and other services provided by households. The SAM that is presented is the key data input to a forthcoming analysis of gender and care in Korea’s economy based on GEM Care, a computable general equilibrium (CGE) model.

At an aggregate level, the value-added in the GDP economy is roughly 86 percent of the total (with agriculture, industry, services accounting for 2, 33, and 51 percent, respectively) and the non-GDP economy 14 percent. This information may be contrasted with aggregate time shares in terms of which, the non-GDP economy accounts for a much larger share, 40 percent. If leisure also were included, then it would on its own account for 50 percent of total time, 53 percent for men and 47 percent for women. The share of time allocated to household activities are drastically different for men and women, 15 and 57 percent, respectively. For women, non-care household services comprise the largest time using activity by a wide margin, followed by household childcare, trade services, and hotel and restaurant services. For men, manufacturing dominates, followed by trade services, household non-care services, and construction. For agriculture and industry, the lesser educated dominate all activities except electricity for both men and women. For services, the differences across sectors are drastic with some dominated by those with high education and others by those with low. These are few of the many descriptive findings from the gendered SAM developed by the authors.

This paper will be available December 2019.

This blog was authored by Binderiya Byambasuren, Kijong Kim & Hans Lofgren