As a result of the consolidation of democracy and the spread of globalisation, the Korean welfare regime has undergone significant changes. This article examines the changes that have occurred since the 1990s. Overall social policy has benefited from a marked increase in expenditure since the 1990s. This has been especially visible in terms of the ratio of social expenditures to GDP, which reached 11 per cent by 1998. These changes in Korean social policy brought about a readjustment of the roles of both government and the private sector. The development of income maintenance programmes has been the core change within the Korean welfare regime. Unlike income maintenance programmes, public social services have developed at a rather sluggish pace. The provision of social services has long been regarded as the responsibility of the family and has changed relatively little in comparison to income maintenance programmes. Although Korean social policy has undergone remarkable changes, it would be erroneous to argue that a complete shift in the welfare regime has taken place.