Book contents
- Monetary Policy and Central Banking in Korea
- Monetary Policy and Central Banking in Korea
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Boxes
- Preface and Acknowledgements
- Abbreviations
- Part I What Is the Goal of Korean Monetary Policy?
- Part II How Does Money Affect the Korean Economy?
- 2 Money and the Evolution of Monetary Standards
- 3 The Transmission Channels of Money and Credit
- Part III How Is Monetary Policy Conducted in Korea?
- Part IV How Is Financial Stability Pursued in Korea?
- Part V What Will Be the Challenge for Future Monetary Policy in Korea?
- References
- Index
2 - Money and the Evolution of Monetary Standards
from Part II - How Does Money Affect the Korean Economy?
Published online by Cambridge University Press: 17 February 2022
- Monetary Policy and Central Banking in Korea
- Monetary Policy and Central Banking in Korea
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Boxes
- Preface and Acknowledgements
- Abbreviations
- Part I What Is the Goal of Korean Monetary Policy?
- Part II How Does Money Affect the Korean Economy?
- 2 Money and the Evolution of Monetary Standards
- 3 The Transmission Channels of Money and Credit
- Part III How Is Monetary Policy Conducted in Korea?
- Part IV How Is Financial Stability Pursued in Korea?
- Part V What Will Be the Challenge for Future Monetary Policy in Korea?
- References
- Index
Summary
This chapter examines the evolution of monetary standards in Korea, through which commodity money is replaced by paper money, and then paper money by electronic and digital payment instruments.
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- Monetary Policy and Central Banking in Korea , pp. 31 - 53Publisher: Cambridge University PressPrint publication year: 2022