Republic of Korea Staff Report for the 2004 Article IV Consultation

This 2004 Article IV Consultation highlights that from 1999 to 2002, Korea's economy grew rapidly, by an average of 7u percent per year. But starting in 2003, the economy has begun to sputter. Growth suddenly stopped in the first half of the year, leapt ahead in the second half as exports boome...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 01350nmm a2200229 u 4500
001 EB000933191
003 EBX01000000000000000726787
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451822182 
245 0 0 |a Republic of Korea  |b Staff Report for the 2004 Article IV Consultation 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2005 
300 |a 54 pages 
710 2 |a International Monetary Fund 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781451822182.002 
856 4 0 |u http://elibrary.imf.org/view/journals/002/2005/049/002.2005.issue-049-en.xml  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This 2004 Article IV Consultation highlights that from 1999 to 2002, Korea's economy grew rapidly, by an average of 7u percent per year. But starting in 2003, the economy has begun to sputter. Growth suddenly stopped in the first half of the year, leapt ahead in the second half as exports boomed, but then slowed again to an anemic 2 3/4 percent annualized rate during January-September 2004 as exports decelerated. The authorities have been countering this slowdown by easing macroeconomic policies. The fiscal policy stance has been shifted from neutral to mildly expansionary