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Global Economic Recession and East Asia: How Has Korea Managed the Crisis and What Has It Learned?

Economic Research Institute(82-2-759-5466) 2009.11.26 21262
1. Introduction

2. Causes and Consequences of the Liquidity Crisis

3. Korea’s Policy Response to Economic Downturn and Liquidity Crisis: August 2007-June 2009

4. Financial Market Opening and Macroeconomic Policy Conundrum

5. Maturity and Currency Mismatches: Can they be moderated?

6. Reserve Adequacy for Self Insurance

7. Concluding Remarks