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The credit channel at work : lessons from the Republic of Korea's financial crisis (1999)

Ferri, Giovanni, 1957- ; Kang, Tae Soo. ; World Bank. Development Research Group. ; [weitere]

Washington, DC (1818 H St., NW, Washington 20433) :World Bank, East Asia and Pacific Region, Financial Sector Development Unit :

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Details

UID:

almafu_9958094646702883

Umfang: 25 pages : , illustrations ; , 28 cm.

Serie: Policy research working paper ; 2190

Inhalt: 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.

Anmerkung: "September 1999"--Cover. , Also available in printing.

Sprache: Englisch

URL: Volltext

URL: Volltext (Deutschlandweit zugänglich)

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