The Role of Kamco in Resolving Nonperforming Loans in the Republic of Korea:

This paper aims to provide a balanced assessment of Korea Asset Management Corporation''s role in resolving nonperforming loans in the aftermath of the 1997-98 financial crisis. It argues that KAMCO''s incentive to dispose of NPLs can be explained by a strong social desire for a...

Full description

Saved in:
Bibliographic Details
Main Author: He, Dong (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2004
Series:IMF Working Papers Working Paper No. 04/172
Online Access:UBW01
UEI01
LCO01
SBR01
UER01
SBG01
UBG01
FAN01
UBT01
FKE01
UBY01
UBA01
FLA01
UBM01
UPA01
UBR01
FHA01
FNU01
BSB01
TUM01
Volltext
Summary:This paper aims to provide a balanced assessment of Korea Asset Management Corporation''s role in resolving nonperforming loans in the aftermath of the 1997-98 financial crisis. It argues that KAMCO''s incentive to dispose of NPLs can be explained by a strong social desire for a recovery of public funds injected for financial sector restructuring. KAMCO''s market-making role also helped overcome informational and coordination problems in the development of a market for distressed assets
Physical Description:1 Online-Ressource (23 p)
ISBN:1451858604
9781451858600

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text