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External Destabilizing Factors around Korea in 2015
Publication date Jan. 13, 2015
Summary
The diverging growth patterns of major developed nations are causing uncertainty about external conditions surrounding Korea’s economy and financial markets. Several destabilizing events outside Korea are expected in 2015, including interest rate hikes in the US, the economic slowdown in China, and the revival or further decline of Abenomics in Japan. Korea’s policymakers need to enhance the stability of macroeconomic policy and tighten prudential supervision on the foreign exchange sector.