Watch: Spotlight on Korea
Watch the highlights of AMRO’s 2022 Annual Consultation Report on Korea. The Korean economy is forecast to moderate to 1.7 percent in 2023. The economic outlook in the near term…
Watch the highlights of AMRO’s 2022 Annual Consultation Report on Korea. The Korean economy is forecast to moderate to 1.7 percent in 2023. The economic outlook in the near term…
The Korean economy has recovered strongly from the pandemic, led by robust export growth and a strong rebound in private consumption.
This paper quantifies the likelihood of spillovers to emerging ASEAN-4 economies and Korea from shifts in US monetary policy.
The Korean economy has recovered strongly since 2021, reflecting a high vaccination rate, strong policy stimuli, and a rebound in manufacturing.
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.
Since 2018, Korea has witnessed rapidly rising housing prices, particularly in the Seoul metropolitan area, resulting in growing concerns among policymakers and home owners alike.
The Korean economy continues its strong rebound in 2021 led by a strong global recovery and robust demand for electronics, autos and other manufactured products.
The Korean economy continues its strong rebound in 2021 led by a strong global recovery and robust demand for electronics, autos and other manufactured products.
Korea’s economy is forecast to rebound strongly in 2021 led by a strong global recovery and robust demand for electronics, autos and other manufactured products.
The Korean economy was less severely affected by the pandemic than most advanced economies in 2020, thanks to targeted social distancing measures and robust global demand for electronic equipment for telework, and is expected to rebound strongly in the next two years.