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Your search keyword '"RESERVES (Accounting)"' showing total 6 results
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6 results on '"RESERVES (Accounting)"'

1. Reserve Uncertainty and the Supply of International Credit.

Author

AIZENMAN, JOSHUA and MARION, NANCY

Subjects
FOREIGN exchange rates, FOREIGN investments, RESERVES (Accounting), DEVELOPING countries, TRANSITION economies, SOUTH Korean economic policy
Abstract

This paper shows that uncertainty about an emerging market's international reserves can affect the willingness of foreign investors to supply international credits. We illustrate the relevance of this concern for South Korea. Uncertainty has asymmetric effects. When the expected reserve position of an, emerging market is large relative to the potential bailout in bad states of nature, reserve volatility does not matter. However, the same amount of reserve volatility, can cause a large reduction in the supply of international credit if the private sector seriously downgrades its priors about repayment possibilities or becomes more pessimistic about the emerging market's reserve position. [ABSTRACT FROM AUTHOR]

Published
2002
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2. BMI Research: Emerging Markets Monitor: South Korea: Strong Won Policy May Not Work.

Subjects
ECONOMIC forecasting, PRICE inflation, RESERVES (Accounting)
Abstract

The article offers an economic outlook for South Korea. The Bank of Korea declared that they would intervene to strengthen the currency in order to curb inflation. It is expected that the government is prepared to shed part of the country's foreign reserve pile to overcome current woes to fight inflation. The amount of the reserve makes the country less vulnerable to a speculative attack on its currency.

Published
2008

3. South Korea risk: Financial risk.

Subjects
FINANCE, RISK assessment, FOREIGN exchange, RESERVES (Accounting), SOUTH Korean conglomerate corporations, FINANCIAL markets
Abstract

The article presents a financial risk assessment for South Korea. It notes that the country is not at risk of suffering another currency collapse similar to the one that happened at the end of 1997 because of the volume of its foreign-exchange reserves as of October 2007 amounting to U.S.$260 billion. It cites the major role of conglomerates in the country's economy making it a potential source of instability in the financial markets.

Published
2007

4. Thwarting Financial Risk In East Asia.

Author

Zhaokui, Feng

Subjects
*FOREIGN exchange, *RESERVES (Accounting), *SUBPRIME mortgages, *FINANCIAL crises
Abstract

The article reports on the plan of China, Japan and South Korea to set up a foreign exchange reserve fund along with the Association of Southeast Asian Nations (ASEAN). According to the article, the countries and the ASEAN will set up the fund in order to support each other to avoid possible financial risks from the U.S. subprime mortgage loan crisis. It is stated that the subprime crisis was similar to the Asian financial crisis in 1997.

Published
2008

5. Korea looking up after Fitch rating boost.

Subjects
BOND ratings, STOCK ratings, SECURITIES, RESERVES (Accounting)
Abstract

The article reports on the positive outlook for the Republic of Korea in getting an A+ rating from Fitch. It is said that the rating implies that the demand for dollar bonds in the country will remain even during tough times. One of the factors that could help Korea get the rating is its rising foreign currency reserves. Andrew Colquhoun of Fitch talks about the challenges that Korea has to overcome to become a double-A credit within the next few years.

Published
2011

6. South Korea Is to Repay I.M.F. Loans.

Subjects
*RESERVES (Accounting), *FOREIGN exchange
Abstract

Announces that South Korea has sufficient foreign exchange reserves to repay the first segment of loans arranged by the International Monetary Fund. Comment from an official of the Finance and Economy Ministry; Effect of the repayment of the loans to South Korea.

Published
1998

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