The credit channel at work: lessons from the Republic of Korea's financial crisis

When negative monetary and financial shocks hit the Korean economy, reactions in the financial system amplified the impact of the shocks by reducing the credit available and increasing its cost. This particularly hurt segments of the economy that rely heavily on bank credit for external financing, s...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Ferri, Giovanni 1957- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, DC (1818 H St., NW, Washington 20433) ; s.l. Development Research Group, Finance 1999
Schriftenreihe:Policy research working paper 2190
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:When negative monetary and financial shocks hit the Korean economy, reactions in the financial system amplified the impact of the shocks by reducing the credit available and increasing its cost. This particularly hurt segments of the economy that rely heavily on bank credit for external financing, such as small and medium-sized enterprises
Beschreibung:"September 1999"--Cover. - Includes bibliographical references (p. 24-25)
Erscheinungsjahr in Vorlageform:[1999]
Weitere Ausgabe: Ferri, Giovanni : The credit channel at work
Beschreibung:1 Online-Ressource (25 Seiten) Illustrationen 28 cm