Choongsoo warns of lurching global crisis


Choongsoo Kim, the governor of the Bank of Korea, on November 30 said unless changes to the current international financial system are made, global imbalances are highly likely to persist, running the risk of a global crisis.

At the 19th Bank of Korea Central Banking Seminar in Seoul, Choongsoo said that while there was a broad consensus that persistent global imbalances will develop into a global crisis, opinions on its causes differ.

"On the one hand, long-lasting monetary policy

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: