European Parliament Library

Republic of Korea :, Selected Issues

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
Table Of Contents
Cover; Contents; Executive Summary; I. Rising Prices, Slowing Growth, and the Implications for Monetary Policy; A. Introduction; B. Background and Recent Developments; Figures; I.1. Recent Inflationary Developments; C. The Model; D. Simulation Results; I.2. Baseline Projections; I.3. Oil Price Shock; E. Conclusion; I.4. Shock to U.S. Growth; I.5. Exchange Rate Shock; Appendix I.1. Model Equations and Parameterization; References; II. Stress Testing Household Debt in Korea; A. Introduction; II.1. International Comparison of Household Debt; B. What Explains Korean Households' Debt Levels?
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (75 p.)
Specific Material Designation
Form Of Item

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