Korea's Post-Crisis Monetary Policy Reforms

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Donghyun Park ; Junggun Oh (2005)
  • Journal: Review of Pacific Basin Financial Markets and Policies, volume 8, issue 4, pages 707-731
  • Subject: Korea, financial regulation, monetary policy, inflation targeting, Asian crisis
    • jel: jel:G1 | jel:G2 | jel:G3

Korea's financial crisis of 1997–1998 was brought about by the unsustainable combination of large capital inflows and an inefficient financial system. The Bank of Korea contributed to the crisis primarily through its failures as the regulator of the financial system rat... View more
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