The Bank of Korea is strengthening its ability to identify risk factors at an early stage by monitoring the basis of macroprudential conditions. Through its Financial Stability Report, a semi-annual statutory report, the Bank assesses macroprudential conditions, delivers early warnings, and...

Under the impetus of the recent global financial crisis, there has been a growing recognition that the global imbalances are a systemic problem that has a great bearing on the macroeconomic policies of a number of countries as well as on cross-border capital flows, and that they might be linked...