Two Years After the IMF Bailout: A Review of the Korean Economy's Transformation |
Contents
Four Major System Reforms | 54 |
Conclusion | 92 |
Critique of the Effects of the IMF Program on Korean Economy | 96 |
3 other sections not shown
Common terms and phrases
affiliates agreement assets Bank of Korea billion CALIFORN CALIFORNIA Chohung commercial banks corporate governance structure cross-debt guarantees currency crisis Currency Crisis Unit Daewoo debt-to-equity ratio December decreased domestic demand Electronics employment export financial institutions financial markets financial sector restructuring Financial Supervisory Commission firms foreign capital attraction foreign currency liquidity foreign debt foreign exchange GDP growth rate high interest rate Hyundai Hyundai Electronics IMF Bailout IMF program implemented improved Increase Rate interest rate policy interest rates investment trust companies Korea First Bank Korea Stock Exchange Korean economy Korean government KOSPI KRW/USD exchange rate largest conglomerates LIBRA loans merchant banks merger Ministry ORNIA Petrochemical production recession reduction reform restructuring process Samsung Samsung Electronics SAN DIEGO ERSITY sell-off Semiconductors Seoul Seoul Bank shareholders shipbuilding SITY sovereign credit rating state-owned companies Trend trillion won U.S. dollar UNIVERSITY SAN DIEGO Workout Program year-on-year