Since the financial crisis in 1997-98, Korea has made major progress in financial, and corporate sector reform - the … examination of the Korea Development Bank should be conducted, including a review of the derivatives-related accounting systems …

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 … markets add an extra element of uncertainty to the economic outlook, and have led to a noticeable increase in Korea’s stock …

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 … government. For monetary statistics purposes, valuing all marketable financial instruments in the Bank of Korea (BOK) balance …

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 …

This note is on Korea’s transition to a knowledge-based economy, the prospects and challenges ahead, and the …-sized enterprise sector in Korea. This note describes the key fiscal challenges and discusses possible ways to address them, arguing …

This 2009 Article IV Consultation highlights that like other open economies, Korea was hard hit by the global financial …

This Selected Issues paper evaluates the size of fiscal multipliers in Korea using the IMF’s Global Integrated Monetary … and Fiscal model calibrated for Korea. The sensitivity of the results to a number of key factors is explored. Based on …

This report assesses Korea’s data dissemination practices against the IMF’s Special Data Dissemination Standard (SDDS …, prices, government finance, monetary, and balance-of-payments statistics. The assessment reveals that Korea meets the SDDS …