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Capital Flow Management and Macroprudential Policy Measures in the ASEAN+3

This database presents a summary of the capital flow management and macroprudential policy measures deployed by each ASEAN+3 member economy since the 1990s or 2000s.

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AMRO’s 2022 Annual Consultation Report on Korea

The Korean economy has recovered strongly from the pandemic, led by robust export growth and a strong rebound in private consumption. However, inflation remains elevated and the economic outlook in the near term has deteriorated amid tighter financial conditions and weakening external demand.

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Deciphering Korea’s Inflation Dynamics

Consumer price inflation in Korea had been persistently low since the 2008 Global Financial Crisis, before picking up over the last six months. Until early this year, inflation has remained below the Bank of Korea’s target rate of 2 percent despite the central bank’s accommodative monetary policy stance since 2012.

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