The Role of Kamco in Resolving Nonperforming Loans in the Republic of Korea /

This paper aims to provide a balanced assessment of Korea Asset Management Corporation's role in resolving nonperforming loans in the aftermath of the 1997-98 financial crisis. It argues that KAMCO's incentive to dispose of NPLs can be explained by a strong social desire for a recovery of...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: He, Dong
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2004.
Sarja:IMF Working Papers; Working Paper ; No. 2004/172
Linkit:Full text available on IMF
LEADER 01529cas a2200241 a 4500
001 AALejournalIMF008681
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451858600 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a He, Dong. 
245 1 4 |a The Role of Kamco in Resolving Nonperforming Loans in the Republic of Korea /  |c Dong He. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2004. 
300 |a 1 online resource (23 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper aims to provide a balanced assessment of Korea Asset Management Corporation's role in resolving nonperforming loans in the aftermath of the 1997-98 financial crisis. It argues that KAMCO's incentive to dispose of NPLs can be explained by a strong social desire for a recovery of public funds injected for financial sector restructuring. KAMCO's market-making role also helped overcome informational and coordination problems in the development of a market for distressed assets. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2004/172 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2004/172/001.2004.issue-172-en.xml  |z IMF e-Library