Monetary and Exchange Rate Policy in Korea:Assessments and Policy Issues

                                                

Ⅰ. Introduction   3

Ⅱ. Monetary Policy in Korea  6

Ⅲ. What this Implies About the Transparency of Korean Monetary Policy.13

Ⅳ. Which Exchange Rate?  15

Ⅴ. The Role of the Exchange Rate and Economic and Financial Development 17

VI. Conclusion  19