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Economic Consequences of Divorce in Korea

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Still, the Korean divorce law adheres to fault-based divorce. According to the majority of Korean Supreme Court, the main reason of not admitting no-fault policy is that preconditions of systems for protecting the spouse and children after divorce financially are not yet satisfied in Korea. There have been remarkable development of divorce laws to pursue equality in property division between spouses, including re-conceptualizing pension entitlement as object of property division through Court’s rulings and legislation. As to protect child after divorce, it is noteworthy to see a belated but wise establishment of the state agency to enforce child support obligations and its soft landing. However, we still have miles to go before the divorce laws secure true equality or fairness financially upon divorce.

Affiliations: 1: Inha University School of Law the Republic of Korea


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