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Republic of Korea: Economic and Policy Developments
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2000: Issue 011
Language:
English
Publication Date:
01 Jan 2000
DOI:
https://doi.org/10.5089/9781451822175.002
ISBN:
9781451822175
ISSN:
1934-7685
Pages:
119
Keywords:
ISCR; CR; economic activity; U.S. dollar; investment trust; short-term debt; foreign direct investment
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The primary focus of this paper is on economic developments and policies in the period since the outbreak of the financial crisis. Policies adopted under the program successfully restored external stability, rebuilt reserves, and initiated reform of the financial and corporate sectors. Key indicators point to continued economic expansion. Several measures have been implemented to ease the foreign exchange and domestic liquidity constraints putting in place a working social safety net. The paper also discusses financial sector restructuring and corporate sector reforms under way in Korea.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund