The Korean Economy Beyond the Crisis

Preliminaries......Page 1
Contents......Page 6
List of figures......Page 8
List of tables......Page 9
List of contributors......Page 11
Abbreviations......Page 13
Foreword......Page 16
1 Introduction......Page 18
2 The Korean economy before and after the crisis......Page 42
3 What caused the crisis?......Page 65
4 US policy toward the crisis......Page 89
5 The monetary policy response to the crisis......Page 106
6 The fiscal policy response to the crisis......Page 130
7 Social impact of the crisis......Page 154
8 Financial restructuring......Page 189
9 Corporate restructuring......Page 211
10 Changes in the labor markets and industrial relations......Page 235
11 Transparency and social capital......Page 265
12 Social realignment, coalition change and political transformation......Page 284
13 Recurrence of financial crises......Page 307
14 Reform and the risk of recurrence of crisis......Page 334
References......Page 361
Index......Page 386