Monetary Policy and Central Banking in Korea

Woosik Moon (Seoul National University)

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Hardback

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English

Cambridge University Press
24 February 2022

Macroeconomics

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.

By: Woosik Moon (Seoul National University)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 235mm, Width: 159mm, Spine: 26mm
Weight: 680g
ISBN: 9781316514986
ISBN 10: 1316514986
Pages: 300
Publication Date: 24 February 2022
Audience: College/higher education , Primary
Format: Hardback
Publisher's Status: Active

Woosik Moon is Professor of Economics at the Graduate School of International Studies, Seoul National University. He was a member of the Monetary Policy Board of the Bank of Korea, from 2012 to 2016.

Reviews for Monetary Policy and Central Banking in Korea

'Less than a quarter of a century ago, South Korea was in the throes of an economic and financial crisis, leaving the Bank of Korea to grapple desperately with the fallout. Today the Bank of Korea is a model modern central bank, as shown by its successful navigation of the Global Financial Crisis and COVID-19 pandemic. Woosik Moon provides the first comprehensive account of this historic transition.' Barry Eichengreen, University of California, Berkeley