The credit channel at work : lessons from the Republic of Korea's financial crisis /
When negative monetary and financial shocks hit the Korean economy, reactions in the financial system amplified the impact of the shocks by reducing the credit available and increasing its cost. This particularly hurt segments of the economy that rely heavily on bank credit for external financing,...
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Bibliographic Details
Main Authors: |
Ferri, Giovanni,
Ferri, Giovanni, 1957- |
Corporate Authors: |
World Bank Development Research Group. Finance,
World Bank East Asia and Pacific Regional Office. Financial Sector Development Sector Unit |
Other Authors: |
Kang, Tae Soo |
Format: | Book
|
Language: | English |
Published: |
Washington, DC :
World Bank, East Asia and Pacific Region, Financial Sector Development Unit, and, Development Research Group, Finance,
[1999]
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Series: | Policy research working papers ;
2190
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Subjects: |
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