01805cas a2200241 a 4500 AALejournalIMF006003 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451822250 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Korea : 2009 Article IV Consultation; Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Korea. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (52 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2009 Article IV Consultation highlights that like other open economies, Korea was hard hit by the global financial crisis during the last quarter of 2008. The authorities responded with a timely and comprehensive set of financial market and macrostabilization measures. Executive Directors have commended the authorities for their speedy and comprehensive measures, which have successfully stabilized the economy and the financial system. Directors have also supported the sizable and frontloaded fiscal stimulus package and the intention to maintain fiscal stimulus in 2010 given the uncertain outlook. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/262 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/262/002.2009.issue-262-en.xml IMF e-Library