Korea investment corporation: Its origin and evolution

Journal of the Asia Pacific Economy

Volumn 17, Issue 2, 2012, Pages 208-235

  Kim, Woochan ^a  

^a Korea University   (South Korea)

Author keywords

currency crisis; FX reserve; FX swap; Korea; sovereign wealth fund

Indexed keywords

BUREAUCRACY; CURRENCY; FINANCIAL CRISIS; INVESTMENT; SOVEREIGNTY;

KOREA;

EID: 84859610126     PISSN: 13547860     EISSN: 14699648     Source Type: Journal    
DOI: 10.1080/13547860.2012.668022     Document Type: Article

References (19)

1. Bank of Korea. 2003. "FX Reserve Management in Korea". press release. (December 4, 2003)
2. Behrendt, S. 2011. "Sovereign wealth funds and their commitment to the 'Santiago Principles'. GeoEconomica briefing, April". Geneva: GeoEconomica.
3. Clark, G. and Monk, A. 2010a. Government of Singapore Investment Corporation (GIC). The Pacific review, 23(4): 429-451.
4. Clark, G. and Monk, A. 2010b. The legitimacy and governance of Norway's sovereign wealth fund. Environment and planning, 42(7): 1723-1738.
5. Clark, G. and Monk, A. 2010c. The Norwegian government pension fund. Rotman international journal of pension management, 3(1): 14-19.
6. Clark, G. and Monk, A. 2011. Nation-state legitimacy, trade, and the China Investment Corporation Mimeo
7. E-Daily. 2010a. "Government Plans to Provide Dollars in the Currency Swap Market through KIC (in Korean)". press release. (February 25, 2010)
8. E-Daily. 2010b. "Allowing KIC's Domestic Investment is Three Birds with One Stone (in Korean)". press release. (July 19, 2010)
9. International Monetary Fund. "Balance of payments manual. ed.". 6th International Monetary Fund, Washington D.C.
10. International Monetary Fund. 2004. "Republic of Korea: 2003 Article IV Consultation Staff Report". IMF Country Report No. 04/44.
11. Jeong, Y.-S. and Jung, D.-S. 2010. "Korea's external credit and debt imbalance. SERI Economy Focus No. 304 [in Korean]". Menlo Park, CA: SERI.
12. Kim, W. 2010a. "Structural issues in the Korean FX market during the 2008 global financial crisis: empirical investigation of FX risk management by nonfinancial public firms. KDI Policy Study Series No. 2010-06 [in Korean]". Seoul: KDI.
13. Kim, W. 2010b. The governance of public institutions in Korea Mimeo [in Korean]
14. Kukmin, Ilbo. 2001. "Deputy Prime Minister Stresses the Importance of Improving FX Reserve's Investment Return (in Korean)". press release (August 27, 2001)
15. Ministry of Strategy and Finance. 2010. "New Macro-Prudential Measures to Mitigate Volatility of Capital Flows". press release (June 14, 2010).
16. Song, C.-Y. 2010. Excessive foreign capital inflows and pro-cyclicality Mimeo [in Korean]
17. Truman, E. Sovereign wealth funds: is Asia different?. Peterson Institute for International Economics Working Paper No. 11-12. Washington, DC. Peterson Institute for International Economics.
18. Xu, Y.-C. and Bahgat, G. 2010. The political economy of sovereign wealth funds, London: Palgrave Macmillan.
19. Yang, Y.-H. and Lee, H. 2008. "An analysis of the attractions of arbitrage transactions and of domestic bond investment by foreigners and Korean branches of foreign banks. Bank of Korea monthly bulletin, August [in Korean]". Seoul: Bank of Korea.