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The Korean economy at the crossroads.
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ISBN: 1280256281 9786610256280 0203564782 0415316022 1138810681 1134375034 9780203564783 9780415316026 6610256284 9781134374984 9781134375028 9781138810686 Year: 2003 Publisher: London RoutledgeCurzon

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The book covers the origin and evolution of the Korean economic system, special factors including chaebols, Korean industries since the crisis, what happened to the money after the capital flight of the crisis and asks did the USA benefit?

Financial crisis and transformation of Korean business groups
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ISBN: 1107133742 1280161299 1139148168 0511120575 051106490X 0511058578 0511331193 0511510861 0511073364 9780511120572 9780511064906 9780511073366 9781280161292 9786610161294 6610161291 9780521814355 0521814359 0521814359 9781139148160 9780511058578 9780511331190 9780511510861 9780521025195 0521025192 Year: 2003 Publisher: Cambridge Cambridge University Press

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Sea-Jin Chang argues that the Korean financial crisis of 1997 was due to the inertia of both the business groups known as chaebols and the Korean government which prevented adaptation to changing external environments. Once the Korean government stopped central economic planning and pursued economic liberalization in the 1980s, the transition created a void under which neither the government nor markets could monitor chaebols' investment activities. The intricate web of cross-shareholding, debt guarantees, and vertical integration resulted in extensive cross-subsidization and kept chaebols from shedding unprofitable businesses. The government's continued interventions in banks' lending practices created 'moral hazards' for both chaebols and banks. This treatment demonstrates how the structure of chaebols later inhibited other adaptations and for all practical purposes became nearly dysfunctional. The book argues that restructuring of chaebols should focus on improving corporate governance systems. After such restructuring, the author predicts, chaebols will re-emerge as stronger, more focused global players.


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Capitalist development in Korea : labour, capital and the myth of the developmental state.
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ISBN: 9780415459402 9780203887844 0415459400 9781134046454 9781134046409 9781134046447 9780415541008 Year: 2009 Publisher: London Routledge


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Beyond the crisis : Korea's emergence from the global financial storm of 2008.
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ISBN: 9788991913639 8991913636 Year: 2010 Publisher: Seoul Seoul selection

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Korean Crisis and Recovery
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ISBN: 1589060687 145527612X 145526895X Year: 2002 Publisher: Washington, D.C. : International Monetary Fund,

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Edited by David T. Coe and Se-Jik Kim, this volume contains papers presented at a May 2001 conference in Seoul sponsored by the IMF and the Korea Institute for International Economic Policy on the Korean Crisis and Recovery. The papers examine the response to the 1997 crisis, its long-term impact on growth, and the state of financial and corporate sector reforms. Authors include academics, Korean policymakers, and IMF and World Bank staff involved in the Korean program.

Keywords

Financial crises --- Interest rates --- Corporate reorganizations --- Labor market --- Corporate governance --- Crises financières --- Taux d'intérêt --- Entreprises --- Marché du travail --- Gouvernement d'entreprise --- Congresses --- Congrès --- Réorganisation --- -Corporate reorganizations --- -Financial crises --- -Interest rates --- -339.72 --- 336.1 <519.5> --- K9400.80 --- K9415 --- K9480 --- K9486 --- -KR / South Korea - Zuid Korea - Corée du Sud --- 331.31 --- 333.481 --- 331.33 --- -Labor market --- -Corporate governance --- -330.95195 --- Governance, Corporate --- Industrial management --- Directors of corporations --- Employees --- Market, Labor --- Supply and demand for labor --- Markets --- Corporations --- Reorganization of corporations --- Consolidation and merger of corporations --- Money market rates --- Rate of interest --- Rates, Interest --- Interest --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Business cycles --- Internationaal betalingsverkeer. Valutahandel. Wisselmarkten. Deviezenhandel. Internationale kapitaalmarkt. Flow and funds analysis. Betalingsbalans. Internationale geldmarkt. --- Public finance, government finance in general--Zuid Korea --- Korea: Economy and industry -- history -- modern period, postwar period (1945- ) --- Korea: Economy and industry -- business methods and management --- Korea: Economy and industry -- finance industries --- Korea: Economy and industry -- finance -- banking --- Economisch beleid. --- Monetaire crisissen, hervormingen, saneringen en stabilisering. --- Structureel beleid. Reglementering. Dereglementering. Ordnungspolitik. --- Supply and demand --- Reorganization --- 336.1 <519.5> Public finance, government finance in general--Zuid Korea --- 339.72 Internationaal betalingsverkeer. Valutahandel. Wisselmarkten. Deviezenhandel. Internationale kapitaalmarkt. Flow and funds analysis. Betalingsbalans. Internationale geldmarkt. --- Crises financières --- Taux d'intérêt --- Marché du travail --- Congrès --- Réorganisation --- Congresses. --- 330.95195 --- KR / South Korea - Zuid Korea - Corée du Sud --- 339.72 --- Economisch beleid --- Structureel beleid. Reglementering. Dereglementering. Ordnungspolitik --- Monetaire crisissen, hervormingen, saneringen en stabilisering --- Internationaal betalingsverkeer. Valutahandel. Wisselmarkten. Deviezenhandel. Internationale kapitaalmarkt. Flow and funds analysis. Betalingsbalans. Internationale geldmarkt --- Banks and Banking --- Financial Risk Management --- Foreign Exchange --- Investments: Bonds --- Labor --- Macroeconomics --- General Financial Markets: General (includes Measurement and Data) --- Financial Crises --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Interest Rates: Determination, Term Structure, and Effects --- Economic & financial crises & disasters --- Labour --- income economics --- Currency --- Foreign exchange --- Investment & securities --- Banking --- Monetary economics --- Exchange rates --- Corporate bonds --- Currency crises --- Financial institutions --- Corporate sector --- Economic sectors --- Bonds --- Banks and banking --- Korea, Republic of --- Income economics

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