Financial Liberalization and Economic Development in Korea, 1980-2020
Publisher: Harvard University, Asia Center; Harvard University Asia Center; Harvard University Press
Published: 2021
Language: eng
Number of pages: 336
ISBN-13: 9780674251281
Subjects: Finance
Description: ""Analyzes the deepening of and structural changes in Korea's financial system since the early 1980s and presents the empirical results of the effects of financial development on economic growth, stability, and the distribution of income. Finds that, contrary to conventional wisdom, financial liberalization has contributed little to fostering the growth and stability of the Korean economy and has exacerbated income distribution problems"--Provided by publisher"--