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Monetary policy of the Bank of Korea during the first 60 years

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  • Monetary policy of the Bank of Korea during the first 60 years
  • Kim, Kyungsoo; Lee, Jaewoo
  • Seoul National University(Institute of Economic Research)


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Title Monetary policy of the Bank of Korea during the first 60 years
Similar Titles
Material Type Articles
Author(English)

Kim, Kyungsoo; Lee, Jaewoo

Publisher

[Seoul]:Seoul National University(Institute of Economic Research)

Date 2011
Series Title; No Seoul Journal of Economics
Pages 30
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Financial Policy
Holding Seoul National University

Abstract

The current paper provides an analytic overview of the history of monetary policy in Korea, since the founding of the Bank of Korea in June 1950 through the spring of 2010. In light of the dramatic socioeconomic transformation over this period, the 60 years are divided into four phases, which provided a different environment for the conduct of monetary policy. An organizing analytical framework is proposed for each phase, with the hope of facilitating further research.