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

The swift and decisive policy response of Korea has contributed to an impressive economic recovery from the financial turmoil. Executive Directors welcomed the well-calibrated and gradual exit strategy while aiming to achieve strong and sustainable long-term economic growth. Directors welcomed the National Fiscal Management Plan (NFMP) and the National Debt Management Plan (NDMP). They encouraged the authorities to introduce bolder reforms to raise productivity in the nontaxable sector and also to establish Food Safety System Certification (FSSC). They suggested that increased labor market flexibility and social protection would also help facilitate the rebalancing of the economy.
Publication date: September 2010
ISBN: 9781455204304
$18.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

debt , financial sector , external debt , financial stability , interest

Summary