APEC Study Series KIEP Opinions
발간물
World Economy Brief
Il Houng Lee
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Global Imbalance: a Policy Mishap or a Rational Outcome? The Case of Korea
Among multitude of issues, global imbalance has attracted more attention than may be warranted because it is perceived to be policy induced and constrain global growth, or a zero sum game in the sense of growing at another countri..
Il Houng Lee 작성일 2015.04.16 조회수 4,025
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The International Monetary System: Time for a Change?
The 2008 global financial crisis undermined the market confidence of the US financial market, challenging the current IMS which heavily relies on the USD. In light of this, this paper suggests that some changes in the IMS are poss..
Il Houng Lee 작성일 2014.09.05 조회수 5,424
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Is More Investment the Answer to Deficient Global Demand?
We use the approach used by Lee et al. (IMF WP/13/83) to estimate the optimal levels of investment for G20 Countries (Panel first-differenced GMM). We found that the G20 countries as a whole are investing 0.09 percentage point of ..
Il Houng Lee 외 작성일 2014.04.04 조회수 3,525
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