Structural Changes in the Korean Financial Market

Joanna Poznanska

Chapter 16 in The Changing Environment of International Financial Markets, 1994, pp 231-243 from Palgrave Macmillan

Abstract: Abstract One of the features of South Korea's impressive economic development is that it has been achieved without a developed financial system. This sector has suffered from lack of autonomy, being closely controlled by the government during the last thirty years. Governmental interventions have created not only phenomenal economic success but also various structural problems and serious inefficiencies in the national economy, among them a rather archaic financial structure. This financial structure – banking and securities market – has become a target of governmental reforms which have been intensified lately.

Keywords: Interest Rate; Stock Market; Monetary Policy; Central Bank; Commercial Bank (search for similar items in EconPapers)
Date: 1994
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23161-4_16

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349231614

DOI: 10.1007/978-1-349-23161-4_16

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().