Korea experienced a financial crisis in the late 1990s, which it overcame successfully. The rich experiences gained in handling past crises have helped in the establishment of a broad crisis management framework in Korea. The successful management of the 1997 financial crisis is reported to have been guided by the following principles: (i) bold and decisive measures are required to regain market confidence, rather than incremental ones; (ii) though...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2014/12/01
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Программа оценки финансового сектора
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93684
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1
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1
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2015/04/08
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Disclosed
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Korea, Republic of - Technical note : crisis preparedness and crisis management framework
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foreign exchange market