After the Crisis
From Dickinson College Wiki
The Korean Economic Crisis | The Prologue: Before the Crisis | During the Crisis | After the Crisis | Korean Crisis Works Cited
Reconstruction by Government
The Korean did three things with extreme precision that allowed them to recover from this “Asian
Crisis” faster then many of their neighbors. These three things are: the injection of public funds, the Korea Asset Management Corporation’s (KAMCO) purchase of bad debts, and Financial Supervisory Commission (FSC) ability to enforce these and all other reforms. (5)
