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Responses of the Korean economy to the global crisis : Another currency crisis?

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  • Responses of the Korean economy to the global crisis
  • Cho, Dongchul
  • Social Science Computing Cooperative


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Title Responses of the Korean economy to the global crisis
Similar Titles
Sub Title

Another currency crisis?

Material Type Reports
Author(English)

Cho, Dongchul

Publisher

Madison:Social Science Computing Cooperative

Date 2010-08
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Economy < Economic Administration
Holding SSCC

Abstract

This paper overviews the responses of Korea to the recent global crisis. Being an open economy, Korea experienced abrupt capital outflow and drastic collapse in export demand, but managed to recover thanks to relatively sound fundamentals achieved by the restructuring process since the 1997~1998 crisis.

User Note

Conference on Global Economic Crisis: Impacts, Transmission, and Recovery