Kim, Choongsoo (2012c), New Year Speech at the Bank of Korea. IMF (2012a), “Liberalizing Capital Flows and Managing Outflows – Background Paper”. IMF (2012b), “Resilience in Emerging Market and Developing Economies: Will It Last?”, World Economic Outlook October 2012, pp. 129–171. McGuire, Patrick and Adrian van Rixtel (2012), “Shifting Credit Patterns in the Emerging Asia-Pacific Region”, BIS Quarterly Review December 2012, Forthcoming.
Rungcharoenkitkul, Phurichai (2011), “Risk Sharing and Financial Contagion in Asia: An Asset Price Perspective”, IMF WP/11/242. 15  Kim (2012a). BIS central bankers’ speeches  5