Korea’s Economic Prospects and Challenges
Although Korea has seen its economic growth rates come down from the stratospheric heights of previous decades, it remains, by any advanced-country yardstick, a successful…
Korea-U.S. Economic Relations in 2005
Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s…
Reforming the Pension System in Korea
Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the…
Korea’s Postcrisis Exchange Rate Policy
There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent…
Recent Developments in Korea’s Financial Markets: Foreign Exchange Liberalization and the New Real Estate Policy
In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant…
Outlook and Reforms for the Korean Economy in 2006
After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated…