초록
영어
The Korean economic crisis was the joint product of government incompetence and the moral hazard behavior of banks and private conglomerates known as chaebols. Three kinds of policy mistakes could be ascertained. The first great policy mistake concerned the rigid exchange rate stabilization policy of the Korean government. The second mistake was the asymmetric regulation on the inflows and outflows of foreign capital and on short and long term borrowings. The third and most often forgotten policy mistake was the inability to deal with the rigidity of the labor market.
목차
Abstract
I. Introduction
II. The Road to Crisis: A Chronology
III. The First Mistake: Exchange Rate Policy and The Collapse of the Won
IV. The Second Mistake: Asymmetric Regulation on the Inflow and Outflow of Capital and Reckless Lending of Financial Institution
V. The Third Mistake: A Rigid Labor Market and the Accumulation of Debts
VI. Conclusion
I. Introduction
II. The Road to Crisis: A Chronology
III. The First Mistake: Exchange Rate Policy and The Collapse of the Won
IV. The Second Mistake: Asymmetric Regulation on the Inflow and Outflow of Capital and Reckless Lending of Financial Institution
V. The Third Mistake: A Rigid Labor Market and the Accumulation of Debts
VI. Conclusion
저자정보
참고문헌
자료제공 : 네이버학술정보