Did Korean Monetary Policy Help Soften the Impact of the Global Financial Crisis of 2008-2009? /
Korea was one of the Asian economies hardest hit by the global financial crisis. Anticipating the downturn that would follow the episode of extreme financial stress, the Bank of Korea (BOK) let the exchange rate depreciate as capital flowed out, and preemptively cut the policy rate by 325 basis poin...
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| 其他作者: | , |
| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2012.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2012/005 |
| 在線閱讀: | Full text available on IMF |