The financial crisis that hit the Republic of Korea in the second half of 1997 had a devastating impact on its economy, causing the worst recession since the Korean War era. To address the fundamental causes of the crisis and revitalize the economy, the Korean Government took bold, decisive steps to initiate comprehensive structural reforms. The major focus of reform in the fiscal and public sector was to adopt a series of initiatives for strengthening...
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INFORMATION
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2012/01/01
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Document de travail
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93356
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1
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1
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2015/01/28
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Disclosed
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The Republic of Korea - PIM reform after the financial crisis
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Internal rate of return
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