Credit Allocation and Financial Crisis in Korea /

This paper analyzes some of the structural problems associated with the Korean financial sector, and investigates whether the financial system has allocated credit in an efficient way over the past three decades. Using data for 32 manufacturing sectors, we find no evidence that credit flows were dir...

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Detalhes bibliográficos
Autor principal: Borensztein, Eduardo
Outros Autores: Lee, Jong-Wha
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1999.
coleção:IMF Working Papers; Working Paper ; No. 1999/020
Acesso em linha:Full text available on IMF