01802cas a2200277 a 4500 AALejournalIMF001725 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451857238 1018-5941 BD-DhAAL BD-DhAAL Kang, Kenneth. From Crisis to Recovery in Korea : Strategy, Achievements, and Lessons / Kenneth Kang, Hong Liang, Henry Ma, Anthony Richards. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (94 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews and draws lessons from the stabilization and reform program that Korea implemented in response to the 1997-98 crisis. The economy recovered quickly from the deep recession in 1998 and its vulnerability to a balance of payments crisis has been reduced sharply. Significant progress has also been made in stabilizing the financial system and addressing corporate distress, and wide-ranging reforms have made Korea's economy more open, competitive, and market driven. Notwithstanding these achievements, more needs to be done before the soundness of the corporate and financial sectors is firmly established. Mode of access: Internet Liang, Hong. Ma, Henry. Richards, Anthony. IMF Working Papers; Working Paper ; No. 2001/154 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/154/001.2001.issue-154-en.xml IMF e-Library