Financial Liberalization and Economic Development in Korea, 1980-2020 / / edited by Joon Kyung Kim, Yung Chul Park, and Hail Park.

• Superior document: Harvard University Asia Center E-Book Collection, Supplement 2021
• TeilnehmendeR: Park, Yung Chul,; Park, Hail,; Kim, Joon Kyung,
• Place / Publishing House: Leiden ;, Boston : : Brill | Harvard University Asia Center,, [2022]; ©2021
• Year of Publication: 2022
• Edition: 1st ed.
• Language: English
• Series: Harvard University Asia Center E-Book Collection, Supplement 2021.
• Physical Description: 1 online resource.
• Notes: "This volume is part of the multivolume study 'Rising to the challenges of democratization and globalization in Korea'" -- half-title page.
• Other title: Preliminary Material /; Introduction and Overview of Financial Development /; Growth and Structural Changes in the Financial System /; Financial Liberalization and Structural Changes in Financial Institutions and Markets /; Financial Behavior of Households and Nonfinancial Firms /; Financial Liberalization and the Transformation of the Banking Industry /; The Opening of Financial Intermediation Industries /; Effects of Financial Liberalization on the Growth and Efficiency of the Financial Sector /; Financial Development and the Growth and Stability of the Industrial Sector /; Assessment of the Empirical Results on the Finance-Industrial Growth Nexus /; Effects of Financial Deepening on Income Distribution /; Consolidation of Financial Regulatory Authorities /; Role of the Financial Supervisory System in Safeguarding Financial Stability /; Moral Hazard, Regulatory Forbearance, and Corruption in the Financial Regulatory System /; The 1997 Financial Crisis /; The Post-1997 Corporate Governance Reform and Chaebol Investment Behavior /; The 2008 Liquidity Crisis /; The COVID-19 Pandemic and Financial Market Turmoil, 2019-20 /; Summary and Conclusions /; References /; Index /; Harvard East Asian Monographs /
• Bibliography: Includes bibliographical references and index.
• ISBN: 1684176301
• Hierarchical level: Monograph
• Statement of Responsibility: edited by Joon Kyung Kim, Yung Chul Park, and Hail Park.

"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