The Anti-Crisis Policy of the Korean Government and Bank of Korea During the COVID-19 Pandemic

ERI FEB RAS	Issue's contents	RUS
	Regionalistica 2021 Volume 8 number 6 pages 101–115

Title of the article	The Anti-Crisis Policy of the Korean Government and Bank of Korea During the COVID-19 Pandemic
Pages	101–115
Author	Suslov Denis Vladimirovich candidate of sciences (economics), senior research fellow Economic Research Institute FEB RAS 153, Tikhookeanskaya Street, Khabarovsk, Russia, 680042 This email address is being protected from spambots. You need JavaScript enabled to view it. ORCID: 0000-0001-5866-4369
Abstract	The analysis of the general economic and institutional problems of the development of the Republic of Korea in the context of the COVID-19 pandemic was carried out. The parameters are given and the assessment of measures of state economic policy to eliminate economic shocks in the country is carried out. It was revealed that the economic policy of responding to the crisis shocks of the COVID-19 pandemic by the government of the country was timely and adequate to the current crisis facts. It was found that timely measures of fiscal policy within the framework of additional budgets and monetary policy of the Bank of Korea, in general, led to the return of the Korean economy in the first half of 2021 on the development trajectory with a positive growth rates (about 2–4% annually), which are expected to be achieved in the medium term.
Code	339.97
DOI	10.14530/reg.2021.6.101
Keywords	Republic of Korea ♦ COVID-19 ♦ government ♦ economic policy measures ♦ «Korean New Deal» ♦ Bank of Korea
Download	2021-06.101.pdf
For citation	Suslov D.V. The Anti-Crisis Policy of the Korean Government and Bank of Korea During the COVID-19 Pandemic. Regionalistica [Regionalistics]. 2021. Vol. 8. No. 6. Pp. 101–115. http://dx.doi.org/10.14530/reg.2021.6.101 (In Russian)
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