Republic of Korea; 2011 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion

Koreaâ€™s rapid recovery from the global downturn has transitioned into a full-fledged expansion. Policies to strengthen the resilience of the economy and pave the way for sustained and equitable growth is required. Greater two-way flexibility of the exchange rate is needed to support the monetary policy response to inflation and help alleviate capital inflow pressures. Enhancing the overall macroeconomic and financial policy framework will bolster the resilience of the economy to shocks. Housing policies in the macrofinancial framework will contain leverage and prevent asset price bubbles.

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Year of publication:	2011-08-04
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Bank supervision \| Banking sector \| Economic growth \| Economic indicators \| Economic recovery \| Export growth \| Inflation targeting \| Staff Reports \| inflation \| monetary policy \| financial stability \| external debt \| current account \| short-term debt \| current account balance \| aggregate demand \| debt service \| foreign currency \| inflation targeting framework \| terms of trade \| price stability \| balance of payments \| rise in inflation \| government debt \| public enterprise debt \| total external debt \| debt servicing \| budget balance \| current account surplus \| global liquidity \| debt servicing capacity \| external shocks \| currency debt \| foreign currency debt \| long-term debt \| foreign exchange \| external short-term debt \| gdp deflator \| central bank \| average inflation \| commercial bank loans \| relative price \| public finances \| inflation target \| public debt \| debt management \| real disposable incomes \| amortization payments \| national debt \| national debt management \| real interest rates \| public sector debt \| imf purchases \| debt ratio

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 11/246 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011242659