IMF Staff Country Reports

Republic of Korea: Selected Issues

Publication Date:

September 11, 2008

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper for the Republic of Korea focuses on the role of monetary policy in the current context of slowing growth and rising inflation pressures. Korea has not remained immune to the global slowdown, and with the cycle turning downward, the trade-off between inflation and growth is deteriorating. Subprime-related turbulences in financial markets add an extra element of uncertainty to the economic outlook, and have led to a noticeable increase in Korea’s stock market and exchange rate volatility.

Series:

Country Report No. 2008/296

Subject:

Banking Financial crises Financial institutions Financial markets Inflation Mortgages National accounts Over-the-counter markets Personal income Prices

Frequency:

Quarterly