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The Korean currency crisis: What can we learn from it?
- Source :
-
Korea Journal . Summer98, Vol. 38 Issue 2, p34. 22p. 9 Charts, 3 Graphs. - Publication Year :
- 1998
-
Abstract
- Focuses on lessons that can be learned from the 1997 currency crisis in South Korea. Korean government's appeal to the International Monetary Fund (IMF) for emergency stand-by loans in November 1997; Details of loan package announced by the IMF to calm the currency market; Crisis despite soundness of macro-economic policies; Reliance on short-term foreign borrowings.
- Subjects :
- *FINANCIAL crises
*CURRENCY question
ECONOMIC conditions in South Korea
Subjects
Details
- Language :
- English
- ISSN :
- 00233900
- Volume :
- 38
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Korea Journal
- Publication Type :
- Academic Journal
- Accession number :
- 1433438