The Bank of Korea: A Sixty-Year History

The Bank of Korea: A Sixty-Year History
Author: The Bank of Korea (Central Bank of South Korea)
Publisher: 길잡이미디어
Total Pages: 304
Release: 2010-11-24
Genre: Banks and banking
ISBN: 899285837X

Preface Chapter 1 Foundation of the Bank of Korea Chapter 2 The Bank of Korea Act Chapter 3 Organization and Functions of the Bank of Korea Chapter 4 Economic Development and the Bank of Korea Chapter 5 The Future Trajectory and Challenges of the Bank of Korea

Monetary Policy and Central Banking in Korea

Monetary Policy and Central Banking in Korea
Author: Woosik Moon
Publisher: Cambridge University Press
Total Pages: 377
Release: 2022-02-24
Genre: Business & Economics
ISBN: 1316514986

Examines the theory and practice of monetary policy in South Korea, and how certain policy tools can help manage financial crises.

The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform

The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform
Author: Mr.Angel J. Ubide
Publisher: International Monetary Fund
Total Pages: 67
Release: 1999-03-01
Genre: Business & Economics
ISBN: 1451844646

After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.

Financial Markets in Korea

Financial Markets in Korea
Author: The Bank of Korea (Central Bank of South Korea)
Publisher: 길잡이미디어
Total Pages: 158
Release: 2013-11-28
Genre: Banks and banking
ISBN: 8997434950

The Korean economy has achieved outstanding development not only in its real economy but also in the financial sector. Driven by the expansion in economic size and by the government’s policies to foster the capital markets and increase their openness, the Korean financial market has grown by more than 17 times over the past two decades since the 1990s. Financial market quality has also been greatly enhanced due to efforts to develop the financial infrastructure and improve the transaction techniques. As a result, global interest in the Korean financial market has increased significantly. In reflection of this upgraded international standing of the Korean financial market, the Bank of Korea now publishes this English edition of ?Financial Markets in Korea? for the first time. Initially published in 1999, this book has been revised every two to three years. This English edition is published along with the 2012 revision. Although its arrival is somewhat late, we hope that it will serve readers as a solid introduction to the overall Korean financial market. This book provides an overview of the Korean financial market structure, and of recent developments related to the individual markets. Chapter 1 introduces the structure and size of the financial market as a whole, while Chapters 2 through 4 describe the funding, capital and financial derivatives markets respectively, covering their trading terms and conditions, participants,transaction mechanisms and recent developments. Detailed explanations of recent major issues concerning the financial markets, including notable developments and institutional changes, are also available in the Boxes included throughout the text. It is hoped that this book will provide readers good guidance for a better understanding of Korea’s financial markets. Money markets Ⅰ. Overview Ⅱ. Call market Ⅲ. Repurchase agreement (RP) market Ⅳ. BOK repurchase agreement (RP) market Ⅴ. Certificate of deposit (CD) market Ⅵ. Commercial paper (CP) market Capital markets Ⅰ. Overview Ⅱ. Bond market Ⅲ. Monetary Stabilization Bond market Ⅳ. Asset-backed securities (ABS) market Ⅴ. Stock market Financial derivatives markets Ⅰ. Overview Ⅱ. Equity derivatives market Ⅲ. Interest rate derivatives market Ⅳ. Foreign exchange derivatives market Ⅴ. Credit derivatives market Ⅵ. Derivatives-linked securities market

FX Funding Risks and Exchange Rate Volatility–Korea’s Case

FX Funding Risks and Exchange Rate Volatility–Korea’s Case
Author: Mr.Jack Ree
Publisher: International Monetary Fund
Total Pages: 29
Release: 2012-11-07
Genre: Business & Economics
ISBN: 1475565178

This paper examines how exchange rate volatility and Korean banks’ foreign exchange liquidity mismatches interacted with each other during the Global Financial Crisis, and whether the vulnerability stemming from this interaction has been reduced since then. Structural and cyclical changes after the crisis, including decreasing demand for currency hedges and the diversifying investor base for bonds, point to a possible weakening of the interaction mechanism; and we find evidences are strongly supportive of this.

World Food and Agriculture - Statistical Yearbook 2020

World Food and Agriculture - Statistical Yearbook 2020
Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
Total Pages: 366
Release: 2020-10-20
Genre: Technology & Engineering
ISBN: 9251333947

This publication offers a synthesis of the major factors at play in the global food and agricultural landscape. Statistics are presented in four thematic chapters, covering the economic importance of agricultural activities, inputs, outputs and factors of production, their implications for food security and nutrition and their impacts on the environment. The Yearbook is meant to constitute a primary tool for policy makers, researchers and analysts, as well as the general public interested in the past, present and future path of food and agriculture.

Financial Crisis and Transformation of Korean Business Groups

Financial Crisis and Transformation of Korean Business Groups
Author: Sea-Jin Chang
Publisher: Cambridge University Press
Total Pages: 380
Release: 2003-04-28
Genre: Business & Economics
ISBN: 1139440071

Sea-Jin Chang argues that the Korean financial crisis of 1997 was due to the inertia of both the business groups known as chaebols and the Korean government which prevented adaptation to changing external environments. Once the Korean government stopped central economic planning and pursued economic liberalization in the 1980s, the transition created a void under which neither the government nor markets could monitor chaebols' investment activities. The intricate web of cross-shareholding, debt guarantees, and vertical integration resulted in extensive cross-subsidization and kept chaebols from shedding unprofitable businesses. The government's continued interventions in banks' lending practices created 'moral hazards' for both chaebols and banks. This treatment demonstrates how the structure of chaebols later inhibited other adaptations and for all practical purposes became nearly dysfunctional. The book argues that restructuring of chaebols should focus on improving corporate governance systems. After such restructuring, the author predicts, chaebols will re-emerge as stronger, more focused global players.

Korea as a Knowledge Economy

Korea as a Knowledge Economy
Author: Chung-hae S?
Publisher: World Bank Publications
Total Pages: 204
Release: 2007
Genre: Technology & Engineering
ISBN: 0821372025

Korea's development process offers valuable lessons for other developing and less developed economies. In particular, the way Korea uses outside technologies, by accumulating indigenous capabilities, is still valid in the era of the knowledge economy. This volume examines the Korean model and Korea's march toward a knowledge economy from a poverty-ridden economy before the launch of full-scale industrialization in the early 1960s. It also emphasizes Korea's achievements, as well as remaining tasks within the four pillars of the knowledge economy, with a common theme throughout -- how Korea has narrowed the gaps in its knowledge and institutions in global competition with world leaders.

Asia's Next Giant

Asia's Next Giant
Author: Alice Hoffenberg Amsden
Publisher: Oxford University Press, USA
Total Pages: 400
Release: 1989
Genre: Business & Economics
ISBN: 9780195076035

South Korea has been quietly growing into a major economic force, even challenging Japan in some industries. This growth may be seen as an example of "late industrialization" and this book discusses this point.

The Dawn of Modern Korea

The Dawn of Modern Korea
Author: Andreĭ Nikolaevich Lanʹkov
Publisher:
Total Pages: 388
Release: 2007
Genre: City and town life
ISBN:

"The 20th century was a time of great changes for any country, but in Korea these changes were especially dramatic. In 1960, it was one of the world's poorest countries. By 2000 it transformed itself into one of the world's largest economies. This astonishing transformation completely changed Koreans' daily life as well. This book describes how small but essential things have changes over the last century, and how new technology and ideas arrived in Korea for the first time. Within the last century photographs, newspapers, movies, restaurants, electric lights, cars (as well as accidents caused by them), subways, and so many other things appeared in Korea. In this book, the author details how these "modern things" changed the centuries-old ways of Korean life." -- BACK COVER.