Republic of Korea: Selected Issues
Electronic Access:
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Summary:
This note is on Korea’s transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital markets has been presented. The note discusses restrictions on Chaebol ownership of Korean banks and strategy for restructuring the small and medium-sized enterprise sector in Korea. This note describes the key fiscal challenges and discusses possible ways to address them, arguing that there is already a great need to start taking remedial action.
Series:
Country Report No. 2006/381
Subject:
Banking Capital markets Credit Economic sectors Expenditure Financial markets Health care spending Income inequality Money National accounts Small and medium enterprises
English
Publication Date:
October 24, 2006
ISBN/ISSN:
9781451822205/1934-7685
Stock No:
1KOREA2006002
Pages:
93
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