As global financial crisis is spreading out all over the world, Korean government set the direction of economic policies to remove uncertainty through reestablishment of social stability. Along with the new major economic policies, it is time to examine and analyze whether the policies actually support stabilization of financial market, prices, and national well-being.

In this Analysis on Major Economic Policies in the Second Half of 2008, therefore, four most important issues are analyzed and their implications examined. The issues are as follows: Countermeasures against Fear in Financial Market, Situation of Growth Potential and R&D Policies, Rationalization of Credit Card Commission and Income Trend of Low-Income Households and Its Implications.