The credit channel at work : lessons from the Republic of Korea's financial crisis /

The credit channel at work : lessons from the Republic of Korea's financial crisis /

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Bibliographic Details
Author / Creator:	Ferri, Giovanni, 1957-
Imprint:	Washington, DC : World Bank, East Asia and Pacific Region, Financial Sector Development Unit, and, Development Research Group, Finance, [1999]
Description:	25 p. : ill. ; 28 cm.
Language:	English
Series:	Policy research working paper ; 2190 Policy research working papers ; 2190.
Subject:	Financial crises -- Korea (South) Monetary policy -- Korea (South) Credit -- Korea (South) Small business -- Korea (South) -- Finance. Bank loans -- Korea (South) Bank loans. Credit. Financial crises. Monetary policy. Small business -- Finance. Korea (South)
Format:	E-Resource Print Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/4060242

Hidden Bibliographic Details
Other authors / contributors:	Kang, Tae Soo. World Bank. East Asia and Pacific Regional Office. Financial Sector Development Sector Unit. World Bank. Development Research Group. Finance.
Notes:	"September 1999"--Cover. Includes bibliographical references (p. 24-25). Also available on the World Wide Web.
Summary:	When negative monetary and financial shocks hit the Korean economy, reactions in the financial system amplified the impact of the shocks by reducing the credit available and increasing its cost. This particularly hurt segments of the economy that rely heavily on bank credit for external financing, such as small and medium-sized enterprises.

Mansueto

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Call Number:	HG3879.P6 no.2190
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