02055cas a2200289 a 4500 AALejournalIMF022596 230101c9999 xx r poo 0 0eng d 5.00 USD 9798400204517 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Republic of Korea : 2022 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for the Republic of Korea. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (86 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 Korea has recovered impressively from the COVID-19 pandemic, which is a testament to its strong economic fundamentals and the authorities' able policy responses. Activity has surpassed pre-covid levels despite multiple COVID waves. The recovery was supported by the effective containment of the pandemic, including rapid vaccination in 2021, and pursuing proactive economic policy support, which helped minimize economic scarring, sustain income growth, and maintain financial stability. Given Korea's high global integration, strong external demand also supported the recovery. The upcoming presidential election offers a window of opportunity to reinvigorate structural reforms. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf Money and Monetary Policy imf IMF Staff Country Reports; Country Report ;No. 2022/086 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=086 IMF e-Library