sentences: after briefings by staff on 'current economic developments in korea', of the monetary policy committee (mpc) members covered the following areas: concerning the global economy, members’ assessment was that, while the moderate economic recovery in the us had been sustained, the economic sluggishness in the euro area showed signs of easing and the modest recovery in japan had been maintained, bolstered by an expansion in domestic demand, economic growth in some emerging market countries had slowed, influenced in part by financial instability.