콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Financial Policy

Print

은행서비스 시장의 개방현황 및 외국은행 진입에 따른 효과분석(The liberalization of banking sector and the effect of foreign entry in Korea)

Related Document
Frame of Image


Full Text
Title 은행서비스 시장의 개방현황 및 외국은행 진입에 따른 효과분석(The liberalization of banking sector and the effect of foreign entry in Korea)
Similar Titles
Material Type Reports
Author(Korean)

황상인; 신인석; 김인배

Publisher

서울:대외경제정책연구원

Date 2001
Series Title; No 정책연구 / 01-03
ISBN 89-322-1128-0
Pages 131
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding 대외경제정책연구원; KDI 국제정책대학원

Abstract

Since the 1990s, the international financial environment has fast changed in terms of globalization, diversification, deregulation and innovation. The development of information and telecommunications technology has led banking institutions to shift from the traditional lending and borrowing activities to multi-financial projects and development of new financial products. Financial engineering has generated various derivatives and international financial transactions have, thereby, been diversified, with the loosening various restrictions on the financial industry. The banking system plays a key role in the functioning of a market economy. How well developed an economies banking system is seems to have an important bearing on resource allocation and growth. The Asian crisis in the late 1990s was a financial crisis as well as a currency crisis. Financial development is thus a very important and urgent task for Korea and other crisis-stricken Asian countries. (The rest omitted)