Popular reaction to the intervention by the IMF in the Korean economic crisis

Bernd Hayo and Doh Chull Shin

No 121, IBES Diskussionsbeiträge from University of Duisburg-Essen, Institute of Business and Economic Studie (IBES)

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
References: View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/40945/1/349375054.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:zbw:udewwd:121

Access Statistics for this paper

More papers in IBES Diskussionsbeiträge from University of Duisburg-Essen, Institute of Business and Economic Studie (IBES) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().