Abstract: Asia Infrastructure Investment Bank 亚洲基础设施投资银行 (AIIB) is a financial institution proposed by China on October 2013. It is an institution for large-scale infrastructure investments in Asia-Pacific area. Currently, by August 2015, 37 regional and 20 non-regional members are prospective founding members and 50 of which have signed the Articles of Agreement including South Korea, … Continue reading
Category Archives: Economic Analysis
Analysis that The KEIC’s Economics Teams Produce
Impact of Fed’s Decision on the Korean Real Estates Market
Abstract: After the recovery from the Asian Financial Crisis of 1997, the economy of South Korea underwent structural change in investment, from the fixed capital formation of firms to the residential speculation of households. The trend became evident after the Global Financial Crisis of 2008, when both the market value of the real estates and … Continue reading
The Effects of Quantitative Easing in US since 2008 and its Expected Response in 2016
Download: KEIC Macroecon Team 2 – US QE Revision and Prediction Abstract: US has implemented Quantitative Easing (QE) since the Global Financial Crisis in 2008. QE is a very conventional tool that is used to treat the economic confidence during the period of crisis and not many countries have implied in history. In this paper … Continue reading