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The Sequence and Consequences of Bank Restructuring in South Korea, 1998–2006: Too Fast to Adjust

Myung-koo Kang
Asian Survey
Vol. 49, No. 2 (March/April 2009), pp. 243-267
DOI: 10.1525/as.2009.49.2.243
Stable URL: http://www.jstor.org/stable/10.1525/as.2009.49.2.243
Page Count: 25
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The Sequence and Consequences of Bank Restructuring in South Korea, 1998–2006: Too Fast to Adjust
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Abstract

This paper explores the sequence, pace, and emerging outcomes of bank restructuring in South Korea since the financial crisis in late 1997, paying special attention to the state intervention pattern in regard to resolving non-performing loans and privatizing temporarily nationalized banks by foreign selling.

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