1 option
Republic of Korea : 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Korea.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund. Asia and Pacific Dept.
- Series:
- IMF Staff Country Reports; Country Report ; No. 2025/308
- IMF Staff Country Reports
- Language:
- English
- Physical Description:
- 1 online resource (101 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2025.
- Summary:
- Prolonged domestic political and global trade policy uncertainties have weighed on economic activity since late 2024. While growth has slowed, inflation remains close to the target, and financial stability risks remain manageable. With sufficient policy space, the authorities have adopted a more accommodative macroeconomic policy stance in 2025. Key medium-term challenges include boosting the growth potential amid rapid population aging, strengthening demand amid global uncertainty, and building long-term resilience. The new administration’s Economic Growth Strategy aims to achieve technology-driven, fair, and sustainable growth, with a goal to raise potential growth to 3 percent.
- Notes:
- Description based on print version record.
- ISBN:
- 9798229029094
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.