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 3.8
Consumer Prices 1.8 3.0
Source: World Economic Outlook (April 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 February 24, 2014

The last Article IV Executive Board Consultation was on January 10, 2014. Listed below are items related to the Republic of Korea, in reverse chronological order (you can also view items by category).

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September 30, 1999 -- Transcript of a Press Conference by IMF Managing Director Michel Camdessus
Given at the conclusion of the 1999 Annual Meetings
September 29, 1999 -- Statement by the Hon. Bong-kyun Kang, Governor of the IMF for Korea, at the Joint Annual Discussion
PDF File Size: 10Kb
September 25, 1999 -- Transcript of a Press Briefing on the Report on Financial Sector Crisis and Restructuring: Lessons from Asia
The conclusions that are described in this paper are preliminary, because this is not over yet. So this is what we have learned so far, but over time there are more lessons to come.
September 09, 1999 -- Transcript of a Press Conference on the 1999 Annual Report of the IMF
The Annual Report is a report on our work program, and that consisted mainly, as it always does, of surveillance, lending activities, and technical assistance activities in a variety of areas to our many member countries.
July 05, 1999 -- After-crisis thoughts on poverty alleviation and peace for development -- Address by Michel Camdessus
Given at the High-Level Segment of the 1999 Substantive Session of the UN Economic and Social Council, Geneva
June 30, 1999 -- IMF-Supported Programs in Indonesia, Korea and Thailand
Author/Editor: Lane, Timothy D. | Ghosh, Atish R. | Hamann, A. Javier | Phillips, Steven | Schulze-Gattas, Marianne | Tsikata, T. M.
Series: Occasional Paper No. 178
June 17, 1999 -- The Asian Crisis: the Return of Growth -- Stanley Fischer
This is an outline of comments prepared for delivery at a dinner of the Asia Society, Hong Kong
June 09, 1999 -- Preventing and Resolving Financial Crises: The Role of the Private Sector -- Remarks by Michel Camdessus
Given at the Bretton Woods Committee 1999 Annual Meeting, Washington, D.C.
June 08, 1999 -- Transcript of an IMF videoconference with the Development Bank of Southern Africa (DBSA)
Jointly organized IMF/Development Bank of Southern Africa (DBSA) videoconference on: the most recent World Economic Outlook, the Heavily Indebted Poor Countries Debt Reduction Initiative known as the HIPC Initiative, and the Reform of the International Financial System, or the new architecture.
June 01, 1999 -- Finance & Development, June 1999 - The Asian Crisis: Causes and Remedies
By Bijan B. Aghevli - Until their sudden fall from grace in 1997, the countries hit hard by Asia's financial crisis—Indonesia, Korea, Malaysia, and Thailand—had been widely admired for their economic achievements and much favored by foreign investors. What happened, and is there a prescription for reducing the risk of future crises?
May 24, 1999 -- IMF Survey:
Camdessus on monetary system reforms, Asian recovery; development economics conference; Korean financial sector reforms; Bulgaria's currency board; foreign direct investment in Asian developing countries; and BIS on exchange, derivatives market activity. PDF File Size: 1452Kb
May 20, 1999 -- Sustaining Asia’s Recovery from Crisis - Remarks by Michel Camdessus
Given at the 34th South East Asian Central Banks Governors’ Conference Seoul, Korea
May 14, 1999 -- The Reform of Global Exchange and Financial Systems Since the Eruption of the Asian Crisis - Address by Shigemitsu Sugisaki
Presented at the International Conference on Central Banking Policies, Macau
May 03, 1999 -- Transcript of a Video Conference with Hong Kong and Singapore Journalists by Stanley Fischer, First Deputy Managing Director of the International Monetary Fund
We've just completed our spring Interim Committee meetings, and the contrast between the atmosphere this time and the atmosphere last October when we had the Annual Meetings was extraordinary.
April 28, 1999 -- The Financial Crisis in Emerging Markets: Some Lessons -- Stanley Fischer
This is an outline of comments prepared for delivery at the Conference of the Economic Strategy Institute, Washington DC
April 23, 1999 -- The Financial Crisis in Emerging Markets: Lessons for Eastern Europe and Asia -- Stanley Fischer
This is an outline of comments prepared for delivery at the EastWest Institute conference, New York
April 07, 1999 -- News Brief: IMF Completes Review and Approves US$245 Million Credit Tranche for Korea
March 10, 1999 -- Korea Letter of Intent and Memorandum of Economic Policies, March 10, 1999
This Letter of Intent of the government of Korea describes the policies that Korea intends to implement in the context of its request for financial support from the IMF.
March 06, 1999 -- Reforming the International Monetary System - Address by Mr. Alassane D. Ouattara
Given at the Academie de la Paix et de la Securité Internationale Conference on Crises and International Security, Monaco
March 05, 1999 -- Economic Crisis and Recovery in Asia and its Implications for the International Financial System - Address by Shigemitsu Sugisaki
Presented at the Meeting on Development Cooperation: Responding to the Asia Crisis, Sydney, Australia

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