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Experiences with Monetary Integration and Lessons for Korean Unification

Kwon, Goohoon - 1997

This paper discusses the timing of monetary integration and supporting economic policies during a rapid and largely uncontrolled process of Korean unification. The paper concludes that the transitory use of a separate currency in each region and supporting economic policies would help limit the...

Persistent link: https://www.econbiz.de/10014403353

Growth and Convergence in a Two-Region Model : The Hypothetical Case of Korean Unification

Funke, Michael - 2002

The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model, and have been calibrated so that they reflect the observed features of the North and South Korean economies....

Persistent link: https://www.econbiz.de/10014398452

Managing non-core liabilities and leverage of the banking system : a building block for macroprudential policy making in Korea

Alichi, Ali; Ryoo, Sang Chul; Hong, Cheol - 2012

Persistent link: https://www.econbiz.de/10009423926

Did Korean monetary policy help soften the impact of the global financial crisis of 2008 – 09?

Alp, Harun; Elekdaǧ, Selim Ali; Lall, Subir - 2012

Persistent link: https://www.econbiz.de/10009424692

Evaluating GDP forecasting models for Korea

Zeng, Li - 2011

Persistent link: https://www.econbiz.de/10009486193

Social spending in Korea : can it foster sustainable and inclusive growth?

Elekdaǧ, Selim Ali - 2012

Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly … promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which …?there is still a social spending gap relative to Korea's OECD peers. Because of several fiscal challenges in t …