The Foreign Exchange System in Korea: A Literature Survey
분야
사회과학 > 경제학
저자
( Daekeun Park )
발행기관
한국금융연구원
간행물정보
금융연구 2017년, 제31권 제3호, 49~99페이지(총51페이지)
파일형식
47441703.pdf [무료 PDF 뷰어 다운로드]
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    영문초록
    The foreign exchange system of a country refers to the laws, regulations, and institutions that govern foreign exchange transactions between residents and non-residents and determine movement of exchange rates. The foreign exchange system in Korea has gone through a lot of changes in a relatively short time period. This paper presents a summary of the major changes in the foreign system in Korea together with a review of the academic literature on the foreign exchange system in Korea. In particular, the paper addresses four aspects about the foreign exchange system in Korea: the exchange rate regime, the capital account liberalization, the Asian currency crisis and the policy response, and the global financial crisis and the foreign exchange macro-prudential regulations.
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