Executive Board
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Board Discussions
on the Republic of Korea:

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January 10, 2014
August 27, 2012
July 29, 2011
August 25, 2010
August 7, 2009

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 3.7 4
Consumer Prices 1.6 2.4
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Republic of Korea: Financial Position in the Fund

Transactions with the Fund


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Republic of Korea and the IMF
Updated October 14, 2014

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Views & Commentaries
January 02, 2013 -- IMF Managing Director's Interview with Maeil Business: S. Korea needs to pursue ‘different kind of growth’ to promote fairness, efficiency -IMF Chief
February 03, 2009 -- Korea, Navigating through the Global Headwinds, An article by Anoop Singh, Director, Asia and Pacific Department, International Monetary Fund
Published in Yonhap News Agency (Korea)
April 30, 2007 -- Emerging Asia: Thriving in the Global Financial System, By David Burton, Director of the International Monetary Fund's Asia and Pacific Department, Op-Ed published in Donga Ilbo
February 10, 2003 -- The IMF Strikes Back, By Kenneth Rogoff, Economic Counsellor and Director, Research Department, IMF
Published in Foreign Policy Magazine
June 17, 2002 -- The Role of Fiscal Policy in Crisis Situations -- Response to Point de vue de Joseph E. Stiglitz, "L'actualité de Keynes," By Flemming Larsen, Director, IMF Office in Europe
Published in Les Echos
February 12, 2002 -- Good Corporate Governance is Mere Common Sense - A Letter to the Editor By Thomas C. Dawson
Published in the Business Times
February 20, 2001 -- Koreans Need to Put Up With More Economic Reform--A Commentary by Ajai Chopra, Assistant Director of the Asia and Pacific Department, and David Coe, IMF Senior Resident Representative in Seoul
published in the International Herald Tribune
March 04, 1999 -- Asian Crisis: World Must Cooperate to Find Solutions - A Commentary
This article by Jack Boorman, Director of the International Monetary Fund's Policy Development and Review Department appeared in The Strait Times
March 04, 1999 -- Solution Lies in Co-operation - A Commentary
This article by Shigemitsu Sugisaki, Deputy Managing Director of the International Monetary Fund appeared in the Australian Financial Review
February 08, 1999 -- Reality Check from the IMF - A Commentary
This article by Flemming Larsen, Deputy Director of the International Monetary Fund appeared in Business Week
January 01, 1999 -- Korea to Emerge Stronger than Ever - A Commentary
This article by Michel Camdessus, Managing Director of the IMF, appeared in the Korea Times, January 1, 1999
November 30, 1998 -- Public Sacrifice Serves as Driving Force for Recovery - A Commentary
This article by Hubert Neiss, Director of the IMF's Asia and Pacific Department, was published in the Korea Times, November 30, 1998