Republic of Korea : Selected Issues

1KOREA2009002 Image
Price:  $18.00

Release Date: © August, 2009
ISBN : 978-1-45182-226-7
Stock #: 1KOREA2009002
English
Stock Status: On back-order

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PaperbackYes

Description

This Selected Issues paper evaluates the size of fiscal multipliers in Korea using the IMF’s Global Integrated Monetary and Fiscal model calibrated for Korea. The sensitivity of the results to a number of key factors is explored. Based on this, the impact of the recent fiscal stimulus packages is estimated and the appropriateness of the current mix of measures is assessed. In this context, the paper also draws on international operational experience with fiscal stimulus measures.

Taxonomy

Economic policy , Fiscal policy




More publications in this series: IMF Staff Country Reports