The Korean Financial Crisis of 1997: A Strategy of Financial Sector Reform
After years of strong performance, Korea's economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea's growth were reversed, a...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1999
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 99/28 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | After years of strong performance, Korea's economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea's growth were reversed, as foreign investors-reeling from losses in other Southeast Asian economies-decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath |
| Beschreibung: | 1 Online-Ressource (66 p) |
| ISBN: | 1451844646 9781451844641 |
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| indexdate | 2024-07-10T09:35:32Z |
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| spelling | Ubide, Angel J. Verfasser aut The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform Ubide, Angel J Washington, D.C International Monetary Fund 1999 1 Online-Ressource (66 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 99/28 After years of strong performance, Korea's economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea's growth were reversed, as foreign investors-reeling from losses in other Southeast Asian economies-decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath Online-Ausg Baliño, Tomás J. T. Sonstige oth http://elibrary.imf.org/view/IMF001/07124-9781451844641/07124-9781451844641/07124-9781451844641.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Ubide, Angel J. The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform |
| title | The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform |
| title_auth | The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform |
| title_exact_search | The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform |
| title_exact_search_txtP | The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform |
| title_full | The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform Ubide, Angel J |
| title_fullStr | The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform Ubide, Angel J |
| title_full_unstemmed | The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform Ubide, Angel J |
| title_short | The Korean Financial Crisis of 1997 |
| title_sort | the korean financial crisis of 1997 a strategy of financial sector reform |
| title_sub | A Strategy of Financial Sector Reform |
| url | http://elibrary.imf.org/view/IMF001/07124-9781451844641/07124-9781451844641/07124-9781451844641.xml |
| work_keys_str_mv | AT ubideangelj thekoreanfinancialcrisisof1997astrategyoffinancialsectorreform AT balinotomasjt thekoreanfinancialcrisisof1997astrategyoffinancialsectorreform |