Contents
Responses of the Korean Economy to the Global Crisis: Another Currency Crisis?
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- 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.
- Issue Date
- 2010-08-19
- Publisher
- East-West Center and the Korea Development Institute
- Conf. Name
- 2010 EWC/KDI CONFERENCE ON GLOBAL ECONOMIC CRISIS: IMPACTS, TRANSMISSION, AND RECOVERY
- Place
- RE
Honolulu, Hawaii
- Conference Date
- 2010-08-19
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