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Insolvency in the C...
Insolvency in the Corporate Sector and Financial Crisis in Korea
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- Kim, Joon-Kyung (författare)
- Korea Development Institute
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- Lee, Chung, H. (författare)
- University of Hawaii System
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(creator_code:org_t)
- Stockholm, Sweden : European Institute of Japanese Studies, 2001
- Engelska.
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Abstract
Ämnesord
Stäng
- The paper shows that between the late 1980s and 1997, the year when Korea was engulfed in a financial crisis, its corporate-sector profitability was on a decreasing trend, albeit short-term ups and downs. The evidence presented in the paper suggests that Korea’s corporate and financial sectors had been highly vulnerable to a crisis for some years before 1997 and the actual timing of the crisis was triggered by the financial crisis in Thailand in July 1997 and its contagion effect.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Publikations- och innehållstyp
- ovr (ämneskategori)
- vet (ämneskategori)