Author : Paola Bongini
Publisher : World Bank Publications
Page : 42 pages
File Size : 28,16 MB
Release : 2000
Category : Bancos - Corea
ISBN :
During a systemic financial crisis in Korea, the probability of financial distress was greater for large financial intermediaries (such as commercial banks and merchant banking corporations) than it was for tiny mutual savings and finance companies.
Author : Ismail Dalla
Publisher : World Bank Publications
Page : 44 pages
File Size : 18,36 MB
Release : 1995-01-01
Category : Business & Economics
ISBN : 9780821333563
World Bank Discussion Paper No. 292. Examines the anatomy of the Republic of Korea's financial reform policy since 1979 in order to place the nation's financial reform plan of 1993 in a proper context. Financial deregulation in the Republic of Korea, initiated in 1979, coincided with similar programs in South America and East Asia. The reforms were successful in spite of a mild form of financial repression and a deregulation policy that ran an erratic course. The republic moved decisively in 1993 toward a conventional type of financial liberalization by announcing a blueprint of reforms to be implemented over a five-year period ending in 1997. This paper examines the anatomy of the Korean financial reform policy since 1979 in order to place its financial reform plan of 1993 in the proper context. The report presents a conceptual framework of the Korean financial system and policies, examines interest rate reforms on various levels, and discusses changes in the credit allocation system that were undertaken in earlier phases of the reforms. The book goes on to review the rationale of the final financial reform phase, the sequencing of its various elements, and the assessment. Broad conclusions are presented.
Author :
Publisher :
Page : 108 pages
File Size : 19,71 MB
Release : 1992
Category : Depressions
ISBN :
Author : Mr.Angel J. Ubide
Publisher : International Monetary Fund
Page : 67 pages
File Size : 41,35 MB
Release : 1999-03-01
Category : Business & Economics
ISBN : 1451844646
After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.
Author : Paola Bongini
Publisher : World Bank Publications
Page : 28 pages
File Size : 32,73 MB
Release : 2000
Category : Balance Sheet
ISBN :
"In the East Asian crisis, "connections" - with industrial groups or influential families - increased the probability of distress for financial institutions. Connections also made closure more, not less, likely, suggesting that the closure processes themselves were transparent. But larger institutions, although more likely to be distressed, were less likely to be closed, suggesting a "too big to fail" policy"--Cover.
Author : World Bank
Publisher :
Page : 176 pages
File Size : 34,36 MB
Release : 1999
Category : Economic assistance
ISBN :
Author : Pedro Gomis-Porqueras
Publisher : World Bank Publications
Page : 34 pages
File Size : 38,96 MB
Release : 2000
Category : Banks and banking
ISBN :
What causes currency substitution (foreign money substituting for domestic money)? What significance has it had in recent banking crises? And what is the relationship between currency conversion and macroeconmic volatility in Latin America?
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 119 pages
File Size : 13,63 MB
Release : 2000-01-01
Category : Business & Economics
ISBN : 1451822170
The primary focus of this paper is on economic developments and policies in the period since the outbreak of the financial crisis. Policies adopted under the program successfully restored external stability, rebuilt reserves, and initiated reform of the financial and corporate sectors. Key indicators point to continued economic expansion. Several measures have been implemented to ease the foreign exchange and domestic liquidity constraints putting in place a working social safety net. The paper also discusses financial sector restructuring and corporate sector reforms under way in Korea.
Author : Carsten Fink
Publisher :
Page : 52 pages
File Size : 26,76 MB
Release : 2000
Category : Drugs
ISBN :
How will stronger patent rights in developing countries affect transnational corporations' behavior in and toward those countries? How will market structure and consumer welfare be affected by extending patent protection to products that could previously be freely imitated? Will research-based transnational corporations devote more resources to developing technologies relevant to needs in developing countries.
Author : Jack M. Mintz
Publisher :
Page : 44 pages
File Size : 50,51 MB
Release : 2000
Category : Business enterprises
ISBN :
The literature on privatization has overlooked how the tax status of the company to be privatized will affect the firm's and the country's financial transition.
