This study is among the first to examine the theory and practice of
monetary policy in South Korea. Woosik Moon provides a detailed
analysis of the central bank of South Korea, one of the most
successful and important economies in Asia. He covers everything
from monetary policy to inflation targeting and macroprudential
regulation, explaining how these policy tools were used to deal
with the aftermath of the 2007-2011 financial crisis. He then
brings his study into our current moment, speculating as to how the
use of these policies will change in order to deal with the fallout
of the Covid-19 pandemic. This book offers in-depth investigations
and the provision of the most up-to-date information about the Bank
of Korea's monetary and financial actions, serving as essential
reading for central bankers and professionals of financial markets
around the world, as well as anyone interested in monetary
policy-making.
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