포스트 코로나 시대 주요국의 통화·재정정책 방향과 시사점 (Changes, Challenges and Implications of Fiscal and Monetary Policy Directions in the Post Pandemic Era)

Abstract

COVID-19 has changed the way of our lives since it started emerging as a pandemic early 2020. The global experience leave a trauma, and eventually work as a main driver to reconsider and improve our system. The need for change becomes even bigger as the pandemic continues beyond initial expectations. With that, we are now entering the era of the great transformation. The brief focuses on examining the policy environment changed by the COVID-19 pandemic and analyzing the points to be considered when implementing future fiscal and monetary policies.

Note: Downloadable document is in Korean.

Keywords: great transformation; COVID-19; uncertainty; fiscal multiplier; unconventional monetary policy