Abstract
This paper studies the political economy of financial liberalization in Korea. We highlight the primary importance of state intervention in promoting financial liberalization. We shed light on "power games" of state, big business, and foreign investors emerging in state-led financial liberalization, and their impact on the Korean economy.
| Original language | English |
|---|---|
| Pages (from-to) | 221-242 |
| Number of pages | 22 |
| Journal | Asian Survey |
| Volume | 49 |
| Issue number | 2 |
| DOIs | |
| State | Published - 2009 |
Keywords
- Financial crisis
- Financial liberalization
- IMF
- South Korea