콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Financial Policy

Print

Recent financial reforms in Korea : Real name financial system launched

Related Document
Frame of Image


Full Text
Title Recent financial reforms in Korea
Similar Titles
Sub Title

Real name financial system launched

Material Type Articles
Author(English)

Korean Institute of Finance

Publisher

[Seoul]:Korean Institute of Finance

Date 1993
Journal Title; Vol./Issue Korean Financial Review:
Pages 20
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding Korean Institute of Finance

Abstract

Several notable economic reforms took place in 1993. Among them, the most significant was the real name finacial transaction reform announced on August 12, 1993. According to President Kim's mandate, all financial transactions are now possible only with real names. This paper is structured as follows. In section I, the real name finacial system and its effects on the Korean economy are described. In Section II, Korea's recently announced financial liberalization plans are reviewed and evaluated. Section III provides a brief discussion of other reform measures expected in the near future.