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Republic of Korea: Staff Report for the 2012 Article IV Consultation

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  • International Monetary Fund

Abstract

The Korean economy is slowing in the face of strong global headwinds. It is projected to bottom out during the course of 2012, regaining momentum towards the end of the year, in line with the global recovery. The main short-term risk to the outlook is a further intensification of the euro area crisis and its spillover. Parliamentary elections took place in April and the presidential election is scheduled for December, making 2012 a year of political transition.

Suggested Citation

  • International Monetary Fund, 2012. "Republic of Korea: Staff Report for the 2012 Article IV Consultation," IMF Staff Country Reports 2012/275, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2012/275
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=40005
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    Citations

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    Cited by:

    1. Ludovic Gauvin & Cyril C. Rebillard, 2018. "Towards recoupling? Assessing the global impact of a Chinese hard landing through trade and commodity price channels," The World Economy, Wiley Blackwell, vol. 41(12), pages 3379-3415, December.
    2. Schrader, Klaus & Laaser, Claus-Friedrich, 2014. "Lettland: Fit für den Euro?," Kiel Discussion Papers 532/533, Kiel Institute for the World Economy (IfW Kiel).
    3. Mr. Ashvin Ahuja & Ms. Alla Myrvoda, 2012. "The Spillover Effects of a Downturn in China’s Real Estate Investment," IMF Working Papers 2012/266, International Monetary Fund.
    4. Wang, Di & Wang, Dong & Wang, Weiren, 2012. "A case of Timor-Leste: From independence to instability or prosperity?," MPRA Paper 43751, University Library of Munich, Germany.
    5. Jacopo Costa & Roberto Ricciuti, 2013. "Sources for the Euro Crisis: Bad Regulation and Weak Institutions in Peripheral Europe," Working Papers 15/2013, University of Verona, Department of Economics.
    6. M. Albert & C. Jude & C. Rebillard, 2015. "The Long Landing Scenario: Rebalancing from Overinvestment and Excessive Credit Growth. Implications for Potential Growth in China," Working papers 572, Banque de France.

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