IDEAS home Printed from https://ideas.repec.org/a/sae/intare/v2y1999i2p93-115.html
   My bibliography  Save this article

Korean Financial Crisis and Fiscal Policy

Author

Listed:
  • Kwang Choi

Abstract

The main objective of the paper is to review fiscal policy measures as implemented in response to the financial crisis in Korea, and to examine whether the fiscal sector can accommodate the cost of structural reforms without having an unbearable impact on the welfare of the people in the coming years. After reviewing the role of the Korean fiscal policy during the economic crisis, one may conclude that in view of the great pain and turmoil caused by the severe credit crunch and the resulting contraction of the economy, it would certainly be worthwhile to investigate whether some middle ground could not have been found, especially when the governments fiscal position had been so favorable.

Suggested Citation

  • Kwang Choi, 1999. "Korean Financial Crisis and Fiscal Policy," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 2(2), pages 93-115, September.
    • Handle: RePEc:sae:intare:v:2:y:1999:i:2:p:93-115
    DOI: 10.1177/223386599900200206
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/223386599900200206
    Download Restriction: no
    File URL: https://libkey.io/10.1177/223386599900200206?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:intare:v:2:y:1999:i:2:p:93-115. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.hufs.ac.kr/user/hufsenglish/re_1.jsp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.