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Abstract ▼ AI-Helper

The privatization of the field of social welfare services is a universal phenomena of the around world. Since 1980, the U. K. and U. S have been leading group the privatization of social services. The most crucial factor for changing the welfare system in the welfare states is the financial efficien...

The privatization of the field of social welfare services is a universal phenomena of the around world. Since 1980, the U. K. and U. S have been leading group the privatization of social services. The most crucial factor for changing the welfare system in the welfare states is the financial efficiency. In the beginning of the welfare system, the private support system is the main source besides state intervention. The transformation of the welfare state could be traced by which sector is the main part of the welfare in the product and supply. Public sector is the key after 1950s. After 1980s, welfare mix is the changing key to understand the welfare state. The South Korea is not an exceptional for privatization in the area of social services. The purpose of this study is to examine the definitions, dimensions, and types of privatization. And also the study examines the possibility of privatization of welfare product and supply applying for Korea. The research questions are the followings. First, find out the definitions, types of privatization. Second, distinct privatization, marketization, and profitization. Third, examine the sub conditions of privatization. Forth, apply the conditions of privatization for South Korea. The conclusion of this study is to show that the South Korea is not a nation where the financial budget of welfare sector is over 20% of GDP such as advanced states. And infrastructure of welfare is very weak in the all part of welfare areas. So it is suggested that privatization or marketization should be a critical factor to undermine the public sector in the welfare areas.

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