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Overview of Korea’s development experience

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Development Overview
Official Aid General

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General

Decline in public and commercial loans during the 1980s and 1990s

The amount of public and commercial loans substantially decreased since 1987 and amounted to about $0.5 billion per year in the early 1990s. Especially, the introduction of commercial loans was negligible since the early 1990s [Figure 1-1]. Thus, the balance of public and commercial loans began to decrease in 1986 and was around $1 billion in the middle of the 1990s [Figure 1-2].
 
[Figure 1-1] The Amount of Public and Commercial Loans Newly Introduced (1979~1996)
The Amount of Public and Commercial Loans Newly Introduced (1979~1996)

[Figure 1-2] The Balance of Public and Commercial Loans (1979~1996)
The Balance of Public and Commercial Loans (1979~1996)


Source: Lee, Jinsoo. 2013. Foreign capital in economic development: Korean experiences and policies. Seoul: KDI School of Public Policy and Management.