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Republic of Korea: Staff Report for the 2012 Article IV Consultation

Republic of Korea: Staff Report for the 2012 Article IV Consultation by International Monetary Fund. Asia and Pacific Dept
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The Korean economy is slowing in the face of strong global headwinds. It is projected to bottom out during the course of 2012, regaining momentum towards the end of the year, in line with the global recovery. The main short-term risk to the outlook is a further intensification of the euro area crisis and its spillover. Parliamentary elections took place in April and the presidential election is scheduled for December, making 2012 a year of political transition.
International Monetary Fund; October 2012
51 pages; ISBN 9781475511499
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Title: Republic of Korea: Staff Report for the 2012 Article IV Consultation
Author: International Monetary Fund. Asia and Pacific Dept