IMF Staff Country Reports

Republic of Korea: Selected Issues

October 24, 2006

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Republic of Korea: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 2, 2024

Summary

This note is on Korea’s transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital markets has been presented. The note discusses restrictions on Chaebol ownership of Korean banks and strategy for restructuring the small and medium-sized enterprise sector in Korea. This note describes the key fiscal challenges and discusses possible ways to address them, arguing that there is already a great need to start taking remedial action.

Subject: Banking, Capital markets, Credit, Economic sectors, Expenditure, Financial markets, Health care spending, Income inequality, Money, National accounts, Small and medium enterprises

Keywords: Asia and Pacific, Bank, Bank equity, Capital markets, CR, Credit, Eastern Europe, Employment, Europe, Firm, Global, Health care spending, Income, Income inequality, Income inequality, ISCR, Nonfinancial firm, Productivity performance, Repo market, Service sector, Small and medium enterprises

Publication Details

  • Pages:

    93

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/381

  • Stock No:

    1KOREA2006002

  • ISBN:

    9781451822205

  • ISSN:

    1934-7685