Download or read book The Bank of Korea A Sixty Year History written by The Bank of Korea (Central Bank of South Korea) and published by 길잡이미디어. This book was released on 2010-11-24 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Monetary Policy and Central Banking in Korea written by Woosik Moon and published by Cambridge University Press. This book was released on 2022-02-24 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the theory and practice of monetary policy in South Korea, and how certain policy tools can help manage financial crises.

Download or read book Money Games written by Weijian Shan and published by John Wiley & Sons. This book was released on 2020-10-13 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money Games is a riveting tale of one of the most successful buyout deals ever: the acquisition and turnaround of what used to be Korea’s largest bank by the American firm Newbridge Capital. Full of intrigue and suspense, this insider's account is told by the chief architect of the deal itself, the celebrated author and private equity investor Weijian Shan. With billions of dollars at stake, and the nation's economic future on the line, Newbridge Capital sought to become the first foreign firm in history to take control of one of Korea’s most beloved financial institutions. In a proud country still reeling from a humiliating International Monetary Fund bailout in the Asian Financial Crisis, Newbridge Capital had to muster every ounce of skill, determination, and patience to bring the deal to closing. Shan takes readers inside the battle to win control of the bank—a delicate, often exasperating process that meant balancing the goals of Newbridge with those of the government, bank employees, and Korea's powerful industrial titans. Finally, the author describes how Newbridge transformed and rebuilt the struggling bank into a shining example of modern banking—as well as a massively profitable investment. In the secret world of private equity, few buyouts have been written about with such clarity, detail, and insight—and none with such completeness, covering not only the dealmaking but also the transformation and eventual exit of the investment. For anyone who has ever wondered how private equity investors strike bargains, turn around businesses, and create immense value—or anyone interested in a captivating story of high-stakes money-making—this book is a must-read.

Download or read book Financial Markets in Korea written by The Bank of Korea (Central Bank of South Korea) and published by 길잡이미디어. This book was released on 2013-11-28 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform written by Mr.Angel J. Ubide and published by International Monetary Fund. This book was released on 1999-03-01 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Economic Development of South Korea written by Seung-hun Chun and published by Routledge. This book was released on 2018-01-29 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

Download or read book Economic Crisis and Corporate Restructuring in Korea written by Stephan Haggard and published by Cambridge University Press. This book was released on 2003-02-26 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian business conglomerates have clearly been successful agents of growth, mobilizing capital, borrowing technology from abroad and spearheading Asia's exports. However, these firms have long had a number of organisational and financial weaknesses, including heavy reliance on debt, that make them vulnerable to shocks. Nowhere was this more true than in Korea, where the large corporate groups known as chaebol have dominated the economic landscape. This collection of essays by leading political scientists and economists provides a comprehensive look at the chaebol problem in the wake of the Asian financial crisis. The authors consider the historical evolution of the chaebol and their contribution to the onset of economic turmoil in 1997. The book analyses the government's short-run response to corporate and financial distress, and outlines an agenda for longer-term reform of the financial system, corporate governance and the politics of business-government relations.

Download or read book The Dawn of Modern Korea written by Andreĭ Nikolaevich Lanʹkov and published by . This book was released on 2007 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.

Download or read book Asia s Next Giant written by Alice Hoffenberg Amsden and published by Oxford University Press, USA. This book was released on 1989 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book On the Margins of Urban South Korea written by Jesook Song and published by University of Toronto Press. This book was released on 2019-11-04 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a rich and illuminating account of the peripheries of urban, regional, and transnational development in South Korea. Engaging with the ideas of "core location," a term coined by Baik Young-seo, and "Asia as method," a concept with a century-old intellectual lineage in East Asia, each chapter in the volume discusses the ways in which a place can be studied in an increasingly globalized world. Examining cases set in the Jeju English Education City, anti-poverty and community activist sites, rural areas home to large numbers of migrant women, and Korea’s Chinatowns, greenbelts, and textile factories, the collection develops a relational understanding of a place as a constellation of local and global forces and processes that interact and contradict in particular ways. Each chapter also explores multiple modes of urban marginality and discusses how understanding them shapes the methods of academic praxis for social justice causes and decolonialized scholarship. This book is the outcome of several years of interdisciplinary collaborations and dialogues among scholars based in geography, architecture, anthropology, and urban politics.

Download or read book FX Funding Risks and Exchange Rate Volatility Korea s Case written by Jack Ree and published by . This book was released on 2017 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Historical Statistics of Korea written by Myung Soo Cha and published by Springer Nature. This book was released on 2022-07-05 with total page 1277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents economic statistics of Korea in the past three centuries, focusing on the century following 1910. The data, typically time series rather than cross-sectional, are given in 22 chapters, which refer to population, wages, prices, education, health, national income and wealth, and technology, among others. Rather than simply putting together available data, the contributors to this statistical compendium made adjustments to ensure intertemporal consistency when required. An overview draws attention to the discontinuous shifts occurring over time in the quantity and quality of the statistical information available, which was associated with the regime changes Korea underwent including the imposition of Japanese rule in 1910 and de-colonization and split into two Koreas three and half decades later. Individual chapters begin with a brief introduction, which helps users better understand and use the data. Data sources and references in the Japanese and Korean language are fully provided following the standard Hepburn and McCune–Reischauer Romanization with English translation to assist users to identify materials and explore more deeply the wealth of statistical data waiting to be analyzed.

Download or read book The Economic and Social Modernization of the Republic of Korea written by Edward S. Mason and published by BRILL. This book was released on 2020-03-17 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the economic and social development of Korea, primarily in the twentieth century. Includes extensive statistical data. Examines the impact of Japanese colonialism and subsequent macroeconomic development, industrialization, rural development, fiscal and financial development, income distribution, the development of foreign trade, the role of education, foreign assistance, and urbanization. Includes 134 tables and 10 figures summarizing historical statistical data.

Download or read book Financial Liberalization and Economic Development in Korea 1980 2020 written by and published by BRILL. This book was released on 2022-03-07 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1980s, Korea’s financial development has been a tale of liberalization and opening. After the 1997 financial crisis, great strides were made in building a market-oriented financial system through sweeping reforms for deregulation and the opening of financial markets. However, the new system failed to steer the country away from a credit card boom and bust in 2003, a liquidity crisis in 2008, and a run on its savings banks in 2011, and has been severely tested again by the ongoing COVID-19 pandemic crisis. Financial liberalization, clearly, has been no panacea. This study analyzes the deepening of and structural changes in Korea’s financial system since the early 1980s and presents the empirical results of the effects of financial development on economic growth, stability, and the distribution of income. It finds that, contrary to conventional wisdom, financial liberalization has contributed little to fostering the growth and stability of the Korean economy and has exacerbated income distribution problems. Are there any merits in financial liberalization? The authors answer this query through empirical examinations of the theories of finance and growth. They point to a clear need to further improve the efficiency, soundness, and stability of Korean financial institutions and markets.

Download or read book KOREAN CURRENCY written by The Bank of Korea and published by 길잡이미디어. This book was released on 2013-01-23 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains Korean currency and the currency system. The first part describes the background and characteristics of currency issued by the Bank of Korea since its foundation in 1950, additionally providing detailed specifications of currently-issued notes and coins. The second part explains the currency system of Korea including the issue of new currency and the currency cycle. The last part introduces a brief history of Korean currency from ancient times to the establishment of the Bank of Korea. Bank of Korea Notes and Coins Currency System in Korea Brief History of Korean Currency

Download or read book Turning Around a Bank in Korea a Business and Cultural Challenge written by Robert Cohen and published by Lulu.com. This book was released on 2008 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author was the only non Korean CEO of a large Korean Bank. the Bank was turned around with an impressive growth. The book relate the Business challenge but also the cultural difference. Korea is very different by its genuine history and culture and the author had to coop with them while managing Korea First Bank.

Download or read book Central Bank Digital Currency and Fintech in Asia written by Marlene Amstad and published by Asian Development Bank. This book was released on 2019-11-26 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a thorough introduction and historical overview of the principles and practices of digital currency and fintech in Asia. It covers the theory of central bank digital currency and examines regulatory aspects, economic digitalization, financial inclusion, and the role of SMEs. Selected case studies offer in-depth insights into recent fintech developments in major economies, including Australia; Hong Kong, China; Indonesia; Japan; the People's Republic of China; the Republic of Korea; and Thailand. The book also makes a valuable supplement for introductory courses on finance, governance, and economics, as it appeals to a broad range of readers, including university students, academics, finance practitioners, and policy makers.