Republic of Korea : 2011 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion

Publication Date: August 04, 2011
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Summary: Korea’s rapid recovery from the global downturn has transitioned into a full-fledged expansion. Policies to strengthen the resilience of the economy and pave the way for sustained and equitable growth is required. Greater two-way flexibility of the exchange rate is needed to support the monetary policy response to inflation and help alleviate capital inflow pressures. Enhancing the overall macroeconomic and financial policy framework will bolster the resilience of the economy to shocks. Housing policies in the macrofinancial framework will contain leverage and prevent asset price bubbles.
Series: Country Report No. 11/246
Subject(s): Article IV consultation reports | Bank supervision | Banking sector | Economic growth | Economic indicators | Economic recovery | Export growth | Inflation targeting | Staff Reports

Publication Date: August 04, 2011
ISBN/ISSN: 9781462328444/1934-7685 Format: Paper
Stock No: 1KOREA2011001 Pages: 49
US$18.00 (Academic Rate:
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