The Impact of Foreign Bank Deleveraging on Korea /

Korea was hit hard by the 2008 global financial crisis, with the foreign bank deleveraging channel coming prominently into play. The global financial crisis demonstrated that a sharp deleveraging can be transmitted to emerging markets through the bank lending channel to a slowdown in credit growth....

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Bibliographic Details
Main Author: Jain-Chandra, Sonali
Other Authors: Kim, Min Jung, Park, Sung Ho, Shin, Jerome
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/101
Online Access:Full text available on IMF