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The roles of financial and monetary stabilities for fiscal soundness

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Frame of Image a.ac.kr **** Department of Economics, Korea University, E-mail : dongkim@korea.ac.kr
Contents
Abstract
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I. Introduction
II. Fiscal Soundness and Fiscal Crisis
III. Roles of Financial and Monetary Stabilities for Fiscal Soundness
········································································· 14 1. Role of Financial Stability for Fiscal Soundness ·························· 14 2. Role of Monetary Policy for Fiscal Soundness ····························· 23 3. Fiscal Soundness and Macro-prudential ·········································· 27 ············································ 28 ······································································································· 31 ······································································································ 33
IV. Conclusion and Policy Implications References Appendices
Abstract
In a situation where fiscal soundness worsened as recently government debts increased rapidly, this paper examines the roles of financial and monetary stabilities for fiscal soundness. It is not evaluated that fiscal soundness deteriorated seriously in terms of fiscal sustainability and international comparisons but the fiscal trend of rapid increa


Full Text
Title The roles of financial and monetary stabilities for fiscal soundness
Similar Titles
Material Type Reports
Author(English)

Lee, Man-Woo; Oh, Junggun; Kim, Dong Heon

Publisher

[서울]:한국금융연구원

Date 2011-05
Pages 43
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding 한국금융연구원; KDI 국제정책대학원

User Note

This research is supported by the Korea Institute of Finance. The opinions expressed
are those of the authors and do not necessarily reflect views of the Korea Institute
of Finance. The authors remain responsible for any errors.