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This 2002 Article IV Consultation highlights that the economic growth of Korea rose to about 6 percent in 2002 from 3 percent in 2001. Buoyant consumption and residential construction spending underpinned the recovery beginning in late 2001. In 2002, exports rebounded strongly in spite of a...
Persistent link: https://www.econbiz.de/10005598815
The debt market in Thailand has made important strides since the financial crisis of 1997. The Thai government has made … portfolio or otherwise establish more meaningful benchmarks. The corporate debt market suffers from too few issuers of corporate … debt and too little diversity of debt offerings. This reflects, in part the limited corporate need for long-term financing …
Persistent link: https://www.econbiz.de/10012247120
-based regulatory system that opens the debt market to a larger and more diverse pool of corporations. A series of regulatory changes … should be considered, including removing the limitations on below investment grade debt offerings, expanding the size of …
Persistent link: https://www.econbiz.de/10014403582
This 2004 Article IV Consultation highlights that from 1999 to 2002, Korea’s economy grew rapidly, by an average of 7¼ percent per year. But starting in 2003, the economy has begun to sputter. Growth suddenly stopped in the first half of the year, leapt ahead in the second half as...
Persistent link: https://www.econbiz.de/10005252883
presented. The bond market comprises the interbank bond market, the exchange bond market, and the bank counter market. The two …
Persistent link: https://www.econbiz.de/10011244858
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011242698
, and credit to the private sector has risen threefold. Loan classification, provisioning, and even capital remain uneven in …
Persistent link: https://www.econbiz.de/10011245298
banking sector appears resilient to credit risk stress tests, liquidity stress test results reveal some weaknesses owing to …
Persistent link: https://www.econbiz.de/10011244366
South Africa has made substantial progress in addressing the recommendations of the Financial Sector Assessment Program and is continuing to build upon these accomplishments. The Financial Services Board and Department of Trade and Industry both are organizations with the legal authority to...
Persistent link: https://www.econbiz.de/10011245358
Singapore’s financial sector, which is dominated by the banking sector, remains robust despite a series of economic downturns and substantial asset price declines. Economic developments in the past few years have highlighted Singapore’s vulnerability to exogenous shocks, including...
Persistent link: https://www.econbiz.de/10005252855