Korea, Republic of - Technical note : crisis preparedness and crisis management framework (English)

Korea experienced a financial crisis in the late 1990s, which it overcame successfully. The rich experiences gained in handling past crises have helped in the establishment of a broad crisis management framework in Korea. The successful management of the 1997 financial crisis is reported to have been guided by the following principles: (i) bold and decisive measures are required to regain market confidence, rather than incremental ones; (ii) though...

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Document Date
2014/12/01
Document Type
Financial Sector Assessment Program (FSAP)
Report Number
93684
Volume No
1
Total Volume(s)
1
Country
Korea, Republic of,
Region
East Asia and Pacific,
Disclosure Date
2015/04/08
Disclosure Status
Disclosed
Doc Name
Korea, Republic of - Technical note : crisis preparedness and crisis management framework
Keywords
foreign exchange market

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Korea, Republic of - Technical note : crisis preparedness and crisis management framework (English). Financial Sector Assessment Program (FSAP) Washington, DC ; World Bank Group. http://documents.worldbank.org/curated/en/321061468272748063

Korea, Republic of - Technical note : crisis preparedness and crisis management framework (English)

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