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Implications of the financial crisis on industrial development in Korea

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Title Implications of the financial crisis on industrial development in Korea
Similar Titles
Material Type Reports
Author(English)

Lee, Young Sae

Publisher

[Seoul]:Korea Institute for Industrial Economics & Trade

Date 1999-04
Pages 56
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Conditions
Industry and Technology < General
Holding Korea Institute for Industrial Economics & Trade

Abstract

Since the financial crisis hit the Korean economy in December of 1997, there has been heated
international debate, mostly centered on the causes of the crisis and its impact on the national
economy. Very few arguments and explanations dealt with the crisis on the sectoral or firm
level. This paper intends to fill this gap by studying the impacts of the financial crisis on the
industrial sectors and derive some policy implications and recommendation for Korea`s future
industrial development.