Republic of Korea: Selected Issues

Publication Date:

October 24, 2006

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:

English

Publication Date:

October 24, 2006

ISBN/ISSN:

9781451822205/1934-7685

Stock No:

1KOREA2006002

Pages:

93

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