Republic of Korea: Selected Issues

Publication Date:

August 20, 2009

Electronic Access:

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Summary:

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, the impact of the recent fiscal stimulus packages is estimated and the appropriateness of the current mix of measures is assessed. In this context, the paper also draws on international operational experience with fiscal stimulus measures.

Series:

Country Report No. 2009/263

Subject:

Frequency:

Quarterly

English

Publication Date:

August 20, 2009

ISBN/ISSN:

9781451822267/1934-7685

Stock No:

1KOREA2009002

Pages:

29

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