This Selected Issues paper on the Republic of Korea reviews near-term economic prospects and risks. Korea experiences … solid growth with low inflation, and vulnerabilities to potential shocks appear low. With Korea aging at an almost …

This 2007 Article IV Consultation highlights that the Republic of Korea is enjoying its longest uninterrupted period of …

This paper reviews the policy responses of Indonesia, Korea, and Thailand to the Asian crisis that erupted in 1997 and …

Korea was hit hard by the 2008 global financial crisis, with the foreign bank deleveraging channel coming prominently … 2008. Impulse responses from a Dynamic Stochastic General Equilibrium (DSGE) model calibrated to Korea shows that it … appears better prepared to handle such shocks relative to 2008. Indeed, Korea is much more resilient to such shocks due to the …