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Korea's financial reform since the early 1980s

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Title Korea's financial reform since the early 1980s
Similar Titles
Material Type Reports
Author(English)

Nam, Sang-Woo

Publisher

Seoul:Korea Development Institute

Date 1992-03
Pages 67
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Economy < Economic Administration
Holding Korea Development Institute

Abstract

Korea`s financial reform since the early 1980s may be characterized as cautious in terms of the sequence of liberalization in different markets, speed of liberalization and avoidance of other complications. Curbing inflation was the top economic management priority in the early 1980s. This policy was viewed as critical not only for the maintenance of economic growth potential by inducing resources to more productive sectors, but also for deregulation of interest rates and other liberalization efforts. (The rest omitted)