"Korea Can Withstand Worst Shock"...LGERI
"Korea Can Withstand Worst Shock"...LGERI
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2013.07.08 23:11
  • 댓글 0
이 기사를 공유합니다

SEOUL, KOREA - A study said the Korean economy has an ample ability to withstand the worst-case scenario of foreign investors' outflow from the stock market. In a report "U.S. Exit Strategy and Its Impact on Emerging Markets" published by LG Economic Research Institute on July 7, Lee Chang-sun, the institute's research fellow, said, "Korea has become resilient to external shocks following the 2008 global crisis."
"Even assuming the worst case, the short-term effect of money outflow would be US$273.7 billion. Given the foreign reserves of $326.4 billion as of the end of June, the Korean economy is capable of absorbing the shock," he added.
The estimated amount of foreign money outflow is based on the March short-term foreign debt plus a third of stocks and bonds held by foreign investors as of the end of May. He also said, "As the won is not an international currency, we have to allow for a certain amount of foreign portfolio investment to leave the country. The government must be able to continue its policy to stabilize the bond market through microeconomic measures if it finds it hard to raise the benchmark rate."

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • #1206, 36-4 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07331)
  • 서울특별시 영등포구 여의도동 36-4 (국제금융로8길 34) / 오륜빌딩 1206호
  • URL: www.koreaittimes.com / m.koreaittimes.com. Editorial Div. 02-578-0434 / 010-2442-9446. Email: info@koreaittimes.com.
  • Publisher: Monica Younsoo Chung. Chief Editorial Writer: Kim Hyoung-joong. CEO: Lee Kap-soo. Editor: Jung Yeon-jin.
  • Juvenile Protection Manager: Yeon Choul-woong. IT Times Canada: Willow St. Vancouver BC, Canada / 070-7008-0005.
  • Copyright(C) Korea IT Times, Allrights reserved.