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Transforming Korea Inc.: Financial Crisis and Institutional Reform, Teaching Note
Alfaro, Laura; Kim, ReneeNota del Instructor HBS-708027-EEconomíaTeaching Note for 708007.Desde 0,00 €
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Chronology of the Asian Financial Crisis
Alfaro, Laura; Di Tella, Rafael; Kim, ReneeCaso HBS-708001-EFinanzasIn July 1997, Thailand became the first Asian "tiger" economy to abandon its fixed exchange rate system in response to speculative attacks on its currency. Investors started to flee Asia, and the crisis rapidly spread to other countries. Central banks spent billions of dollars to try and defend their currencies, only to seek emergency bailouts from the International Monetary Fund. This case presents a chronology of events that unraveled during th...Desde 8,20 €
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Transforming Korea Inc.: Financial Crisis and Institutional Reform
Alfaro, Laura; Kim, ReneeCaso HBS-708007-EEconomíaSouth Korea, as one of the Asian "tiger" economies, transformed itself into the world's 11th largest economy and major exporter by 1996, emerging from being one of the lowest income countries in the region back in the 1960s. Yet one year later in 1997, Korea was swept up in the Asian financial crisis and sought a record $58 billion bailout from the International Monetary Fund. The crisis exposed fundamental weaknesses in the Korean economy, from ...Desde 8,20 €