Korean Economic Reform: Before and Since the 1997 Crisis

1st Edition

Robert F. Emery

Routledge
Published June 28, 2017
Reference - 234 Pages
ISBN 9781138721807 - CAT# Y325649
Series: Routledge Revivals

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Summary

This title was first published in 2001. In 1997 the author was told, by an official at the Korean embassy in Washington DC, that the most serious economic problem facing Korea was the need for reform of the financial sector. This proved to be true, as a financial crisis hit Korea in November 1997. Though problems arising before November 1997 indicate that Korea's economic problems were not solely financial. This study covers earlier reform efforts, the 1997 crisis and the measures taken by Korea since then to deal with the country's economic problems. It attempts to analyze the problems and offer suggestions as to how problems might corrected or resolved.

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