Popular Reaction to the Intervention by the IMF in the Korean Economic Crisis
Bernd Hayo and
Doh Chull Shin
Additional contact information
Doh Chull Shin: University of Missouri
Development and Comp Systems from University Library of Munich, Germany
Abstract:
The International Monetary Fund (IMF) has played an important role in restructuring the Korean economy over the past three years. Relying upon survey data collected in 1998 and 1999, this paper explores the role of the IMF in Korea, as perceived by its citizens. In the eyes of the Korean people, the IMF helped their economy to recover from the crisis. However, those Koreans who experience a decline in their income, are critical of the IMF intervention in their economy. Finally, our analysis of the public attitude data reveals that the pro-IMF orientations among the Korean people have little to do with their support for a market- oriented reform program.
Keywords: IMF; Korea; policy reform; financial crisis; public opinion (search for similar items in EconPapers)
JEL-codes: F3 O5 (search for similar items in EconPapers)
Date: 2002-04-17
New Economics Papers: this item is included in nep-fin and nep-ifn
Note: Type of Document -
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/dev/papers/0204/0204001.pdf (application/pdf)
Related works:
Journal Article: Popular Reaction to the Intervention by the IMF in the Korean Economic Crisis (2002) 
Working Paper: Popular reaction to the intervention by the IMF in the Korean economic crisis (2002) 
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:wpa:wuwpdc:0204001
Access Statistics for this paper
More papers in Development and Comp Systems from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).