Financial Liberalization and Economic Development in Korea, 1980-2020

Yung Chul Park, Joon-Kyung Kim, Hail Park

""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. 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"--Provided by publisher"--