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profitability and cost and revenue efficiency of the banking sector are evaluated. The revenue performance of all banks, and …
Persistent link: https://www.econbiz.de/10014400681
or may not improve economic efficiency …
Persistent link: https://www.econbiz.de/10014400822
-run economic growth (G-20, 2014).2 However, the economic and social impact of public investment crucially depends on its efficiency … empirical studies of the determinants of public investment efficiency. This paper explores the link between public investment … management (PIM) institutions and the efficiency of public investment for the G-20 countries. Based on the analysis from a recent …
Persistent link: https://www.econbiz.de/10014408539
investment critically depends on its efficiency. Comparing the value of public capital (input) and measures of infrastructure … percent. The economic dividends from closing this efficiency gap are substantial: the most efficient public investors get …
Persistent link: https://www.econbiz.de/10014408564
Persistent link: https://www.econbiz.de/10009504217
This Selected Issues paper for the Republic of Korea focuses on the role of monetary policy in the current context of slowing growth and rising inflation pressures. Korea has not remained immune to the global slowdown, and with the cycle turning downward, the trade-off between inflation and...
Persistent link: https://www.econbiz.de/10014402614
The Republic of Korea’s 2008 Article IV Consultation highlights that Korea’s business cycle is turning downward while inflation pressures have increased. Risks are mainly external and on the downside, but a volatile domestic political environment also clouds the outlook. Inflation pressures...
Persistent link: https://www.econbiz.de/10014403262
Korea’s statistics are generally of a high quality, and reflect a significant improvement since the last Report on the Observance of Standards and Codes. Korea’s adherence to internationally accepted statistical practices requires cross-cutting recommendations, and the development of a...
Persistent link: https://www.econbiz.de/10014404477
Korea has enjoyed strong growth owing to rapidly increasing exports and consumption. Potential growth is slowing as the population ages, whereas social polarization is growing. Korea should implement plans to build an advanced financial system and improve service productivity by opening the...
Persistent link: https://www.econbiz.de/10014404707
This note is on Korea’s transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital markets has been presented. The note discusses restrictions on Chaebol ownership of...
Persistent link: https://www.econbiz.de/10014404764