Book Cover
E-book

Title Republic of Korea : 2011 Article IV consultation : staff report and public information notice on the Executive Board discussion / prepared by Asia and Pacific Dept
Published Washington, D.C. : International Monetary Fund, ©2011

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Description 1 online resource (49 pages)
Series IMF country report ; no. 11/246
IMF country report ; no. 11/246.
Contents COVER; CONTENTS; INTRODUCTION; THE ECONOMIC CONTEXT; A. From Recovery to Expansion; B. Outlook and Risks-Robust Growth with Elevated Inflation Pressures; POLICY THEME #1-ENSURING A SOFT LANDING; POLICY THEME #2-A ROADMAP FOR A MORE RESILIENT ECONOMY; A. Adapting the Macrofinancial Framework to Medium-Term Challenges; B. Rebalancing the Economy to Ensure Sustainable and Equitable Growth; STAFF APPRAISAL; BOXES; 1. Capital Flow Measures in Korea; 2. The Korean Housing Market Policies: Price Stability at a Cost; 3. The Social Cost of Not Rebalancing: Rising Income Inequality in Korea; FIGURES
1. Expansion2. Financial Markets; 3. Policy Settings; TABLES; 1. Selected Economic Indicators, 2007-12; 2. Balance of Payments, 2007-13; 3.1 Statement of Central Government Operations, 2007-13; 3.2 Integrated Balance Sheet -- Consolidated General Government, 2007-10; 4. Medium-Term Projections, 2010-16; 5. Financial Soundness Indicators, 2004-10; 6. Indicators of Financial and External Vulnerability, 2007-11; CONTENTS; ANNEX I. FUND RELATIONS; ANNEX II. STATISTICAL ISSUES
Summary Korea's rapid recovery from the global downturn has transitioned into a full-fledged expansion. Policies to strengthen the resilience of the economy and pave the way for sustained and equitable growth is required. Greater two-way flexibility of the exchange rate is needed to support the monetary policy response to inflation and help alleviate capital inflow pressures. Enhancing the overall macroeconomic and financial policy framework will bolster the resilience of the economy to shocks. Housing policies in the macrofinancial framework will contain leverage and prevent asset price bubbles
Notes "August 2011."
Online resource; title from PDF title page (IMF Web site, viewed October 11, 2011)
Subject International Monetary Fund -- Korea
SUBJECT International Monetary Fund fast
Subject Economic indicators -- Korea
Economic history
Economic indicators
Economic policy
SUBJECT Korea -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85073021
Korea -- Economic policy
Subject Korea
Form Electronic book
Author International Monetary Fund. Asia and Pacific Department.
ISBN 9781463900830
146390083X
Other Titles Republic of Korea, 2011 Article IV consultation