01698cas a2200253 a 4500 AALejournalIMF007564 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451844641 1018-5941 BD-DhAAL BD-DhAAL Ubide, Angel. The Korean Financial Crisis of 1997-A Strategy of Financial Sector Reform / Angel Ubide, Tomas Balino. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (66 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 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. Mode of access: Internet Balino, Tomas. IMF Working Papers; Working Paper ; No. 1999/028 Full text available on IMF http://elibrary.imf.org/view/journals/001/1999/028/001.1999.issue-028-en.xml IMF e-Library