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국채시장 발전 경험(Government bond market development)

: The Korean experience
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Title 국채시장 발전 경험(Government bond market development)
Subtitle The Korean experience
Publisher 서울 : KDI 국제정책대학원
Publication Date 2013
Material Type Report
Country South Korea Holding KDI 국제정책대학원
Language Korean License
Series Title Knowledge Sharing Program: 경제발전경험 모듈화 사업

Abstract

x This study has two objectives. First, it traces the development of the government bond market in Korea since liberation from Japanese colonial rule in 1945 in order to identify elements underlying the remarkable transformation of the government bond market. Second, it derives implications from the Korean experience and suggests policy lessons for other developing countries: This study not only emphasizes the positive aspects but also clarifies the negative ones of Korean government bond market development to provide useful, specific and realistic policy suggestions to address challenges confronting many developing countries. The history of the Korean government bond market started with the issuance of the National Foundation Bond (NFB) in 1950 to finance government budget deficits. Since then, various government bonds have been issued and discontinued according to the changing needs for those bonds.(The rest omitted)

User Note

정부간행물번호 11-7003625-000003-01 본 보고서는 영문보고서를 축약하여 작성한 것으로 구체적인 내용은 영문보고서를 참고하시기 바랍니다.

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