Executive Board
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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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November 30, 1998 -- Public Sacrifice Serves as Driving Force for Recovery - A Commentary
This article by Hubert Neiss, Director of the IMF's Asia and Pacific Department, was published in the Korea Times, November 30, 1998
November 13, 1998 -- Korea Letter of Intent, November 13, 1998
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.
November 10, 1998 -- The IMF and Developing Countries: from Myths to Realities -- Address by Alassane D. Ouattara
Given at the Bank Lyonnaise and the European Geopolitical Conference on the Challenges of North-South Relations at the Dawn of the 21st Century, Lyon, France
November 09, 1998 -- Reforming the International Monetary System -- Stanley Fischer
This is a revised, but still preliminary, draft of material presented as the David Finch Lecture, Melbourne
November 01, 1998 -- Financial Market Contagion in the Asian Crisis
Author/Editor: Baig, Taimur | Goldfajn, Ilan
Series: Working Paper No. 98/155
October 29, 1998 -- Press Briefing by Video Conference on Southern Africa by First Deputy Managing Director Stanley Fischer
I'm looking forward to discussing your questions about the economy of Southern Africa and about the work and the views of the IMF. I'd like to touch on what happened in the Fifty-Third Annual Meetings of the IMF and the World Bank that finished precisely three weeks ago.
October 15, 1998 -- Press Briefing by Teleconference with Hong Kong SAR and Singapore by First Deputy Managing Director Stanley Fischer
We finished the Annual Meetings at the end of last week, and the focus there was on two things. The first was the new international economic, financial architecture, the other part was about the question of how to deal with the current crisis before there's time to make a lot of change in the architecture.
October 07, 1998 -- Statement by the Hon. Kyu-sung Lee, Governor of the IMF and the World Bank for Korea, at the Joint Annual Discussion
PDF File Size: 25Kb
October 03, 1998 -- IMF Press Conference of Mr. J. Boorman on Strengthening the Architecture of the International Monetary System
Discussion of IMF work on the architecture of the international monetary system, the context in which the work was done, how it relates to work being done elsewhere and where the IMF is with it.
October 02, 1998 -- Transcript: Capital Account Liberalization: What's the Best Stance?
From an Economic Forum with Jagdish Bhagwati, Richard Cooper, Barry Eichengreen, Ricardo Hausmann, Michael Mussa, moderated by J. (Onno) de Beaufort Wijnholds.
October 01, 1998 -- Press Briefing by IMF Managing Director Michel Camdessus
Transcript of a press conference held prior to the 1998 Annual Meetings
October 01, 1998 -- Remarks by Stanley Fischer, First Deputy Managing Director IMF at the World Economic Development Council
What I would like to do today is to address all of these closely related issues--the global system, the multilateral institutions, and the questions about the role and future of the IMF.
October 01, 1998 -- Corporate Debt Restructuring in East Asia-Some Lessons from International Experience
Author/Editor: Stone, Mark R.
Series: Papers on Policy Analysis and Assessment No. 98/13
September 30, 1998 -- Press Briefing by Michael Mussa, Economic Counselor and Director Research Department
Transcript of a press conference on the October 1998 World Economic Outlook
September 29, 1998 -- Recovery from Financial Crisis: Macroeconomic Policy Alternatives for Equitable Growth--Speech by Jack Boorman
Given at the North-South Institute, Ottawa, Canada
September 15, 1998 -- Crisis in Emerging Market Economies: the Road to Recovery -- Address by Michel Camdessus
Remarks given at the European-American Business Council
September 15, 1998 -- Republic of Korea - Statistical Appendix
Series: IMF Staff Country Report No. 98/73
September 15, 1998 -- Republic of Korea - Selected Issues
Series: IMF Staff Country Report No. 98/74
September 10, 1998 -- Economic Crises and the Financial Sector -- Address by Stanley Fischer
Prepared for the Federal Deposit Insurance Corporation Conference on Deposit Insurance
September 04, 1998 -- Press Conference on Latin America of Michel Camdessus, Managing Director, IMF, James Wolfensohn, President World Bank, and Enrique Iglesias, President IADB
Press Conference held at the end of the regional surveillance meeting of finance ministers and central bank governors of 11 countries in the Western Hemisphere. In addition to the representatives of these 11 countries, the meeting was attended by the IBRD and the Inter American Development Bank.

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