European Parliament Library

Republic of Korea :, 2008 Article IV Consultation—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Korea

The Republic of Korea’s 2008 Article IV Consultation highlights that Korea’s business cycle is turning downward while inflation pressures have increased. Risks are mainly external and on the downside, but a volatile domestic political environment also clouds the outlook. Inflation pressures have risen, largely owing to higher global commodity prices, but should ease as growth slows. Despite still solid export growth, higher commodity prices have led imports to rise even more sharply while the services account deficit remains sizable
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Recent Economic Developments and Outlook; Figures; 1. Recent Real Sector Developments; 2. Trade Linkages; 3. Capital Flows; 4. The Regional Context; III. Policy Discussions; A. Macroeconomic Policies: Getting the Balance Right; Boxes; 1. Assessing the Exchange Rate and External Stability; B. Addressing Financial Sector Risks: Preparing for Volatility; 5. Liquidity Risk in the Banking Sector; 2. External Debt Developments; C. The Future of Korea's Financial Sector: Fostering Growth and Innovation
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (54 p.)
Specific Material Designation
Form Of Item

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