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- W2264502144 abstract "This paper reviews the impacts of financial develeraging under the 2008 global financial crisis on South Korea, focusing on the systemic risks in the banking sector. It explores the sharp currency depreciation and the outflow of foreign investors' portfolio investment from the Korean stock market and reasons for the increasing short-term foreign debt and household debt in the banking sector. It argues that the financial deregulation measures pursued by the government for the past decade have increased the vulnerability of the Korean banking sector to external shocks." @default.
- W2264502144 created "2016-06-24" @default.
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- W2264502144 date "2009-05-18" @default.
- W2264502144 modified "2023-09-25" @default.
- W2264502144 title "Global Financial Crisis and Systemic Risks in the Korean Banking Sector" @default.
- W2264502144 hasPublicationYear "2009" @default.
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