Republic of Korea: Selected Issues
February 25, 2004
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This Selected Issues paper discusses the fiscal policy in the Korean business cycle, and examines the usefulness of the equations for inflation forecasting at horizons consistent with the Bank of Korea 's inflation-targeting framework. It analyzes the causes and macroeconomic consequences of Korea's dual labor market; discusses the government's reform proposals; and the nonbank financial sector restructuring to date.
Subject: Employment, Fiscal policy, Inflation, Insurance companies, Labor markets
Keywords: CR, GDP, ISCR, nonbank, worker
Pages:
66
Volume:
2004
DOI:
Issue:
045
Series:
Country Report No. 2004/045
Stock No:
1KOREA0022004
ISBN:
9781451822144
ISSN:
1934-7685
