Korea: On the Back of a Tiger (Abridged) Harvard Case Solution & Analysis

What caused the 1997 Korea crisis? And the International Monetary Fund (IMF) help or hinder recovery? Does democracy help or hinder recovery? Seen as an economic miracle, Korea succumbed to the wave of currency crises sweeping Asia in late 1997. Did the same to the state-led export growth strategy, which has led to the impressive success of the cause of this financial crisis? On the other hand, what was the role of foreign investors have played in creating the crisis by filling short-term capital in partially and unevenly liberalized financial system, Korea? When he arrived at the scene, not the IMF to do more to help Korea recover from the economic crisis, or is it just to help out foreign investors and pave the way for Wall Street to buy Korean banks and companies? Korea has long move to democracy helped or hindered the government's efforts to reform its economic policies and decisions of the current crisis? This case explains the background to explore these questions. "Hide
by Yasheng Huang Source: Harvard Business School 28 pages. Publication Date: April 24, 2008. Prod. #: 708052-PDF-ENG

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