KOREA – KOREA FINANCIAL CRISIS: THE CRISIS OF A DEVELOPMENT MODEL?

Jaymin Lee
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Jaymin Lee: Yonsei University, Seoul 120-749, South Korea

Chapter 4 in From Crisis to Recovery:East Asia Rising Again?, 2001, pp 101-140 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:INTRODUCTIONTHE CAUSES OF THE CRISISMacroeconomic Fundamentals and CrisisDevelopment Model and CrisisThe Problem of TransitionMarket Opening and CrisisRECOVERY AND REFORMThe Road to RecoveryStructural ReformProblems in the Reform ProcessDomestic Reform and Market OpeningCONCLUDING REMARKSReferences

Keywords: Bubble Economy; Crisis Management; Excess Investment; external Debt; Financial Crisis; Government Intervention; international Speculation; Moral Hazard; Non-Performing Loans; Nepotism between Politicians and Enterprises (search for similar items in EconPapers)
Date: 2001
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