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Korea conquering a crisis

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Alternate title:Conquering a crisis
Korea : conquering a financial crisis
Conquering a financial crisis
Summary:In 1997, Korea was brought to the verge of economic collapse. Using intensive crisis management and a historic bailout of $21 billion, Korea quickly began to reverse the effects of a buildup of bad banking debt and excessive short-term borrowing. This program examines the measures used to engineer Korea's comeback, such as adjusting interest rates, creating new bank lending practices and encouraging corporate debt reduction.
In English and Korean with English subtitles.
Contributor:Hardin, Frances Anne
Provider:International Monetary Fund. External Relations Dept
Films for the Humanities & Sciences (Firm)
Place of origin – Continent:North America
Place of origin – Country:United States of America
Place of origin – Region:New Jersey
Topical subjects:International finance
Financial crises Korea (South)
Monetary policy Korea (South)
Debt relief Korea (South)
Corporate debt Korea (South)
Interest rates Korea (South)
Banks and banking Korea (South)
Korea (South) Economic conditions 1960-
Korea (South) Economic policy 1960-
International Monetary Fund
Credits:Narrator, Frances Anne Hardin. Camera, Gary Henoch; editor, Tracy Baumgardner; music, World Music Library.
Repository:Nonprint Media Services
Browse terms:Economics, Business, Commerce, Labor
Government, Law, Politics
Films@UM Browse terms:Asian Studies
Economics, Business, Commerce, Labor
Government, Law, Politics
Access restricted to patrons at the University of Maryland.