IDEAS home Printed from
   My bibliography  Save this article

La crise des banques coréennes après la crise


  • Gary A. Dymski


This paper develops the argument that a foreign-bank-led wave of bank mergers and acquisitions will not yield universally higher welfare levels. Korea’s banking crisis is not the result of the inefficiency or rent-seeking of its intermediaries, but of a regional structural financial crisis in East Asia after 1990. Most bank mergers and other structural changes in banking in Korea in recent years have resulted in large and risky public-sector debts, with gains taken primarily by overseas private-equity funds. Further, the impact of these structural shifts on lower-income households and small businesses may take Korea further toward a future of economic inequality and social bifurcation.

Suggested Citation

  • Gary A. Dymski, 2006. "La crise des banques coréennes après la crise," Revue Tiers-Monde, Armand Colin, vol. 0(2), pages 353-376.
  • Handle: RePEc:cai:rtmarc:rtm_186_0353

    Download full text from publisher

    File URL:
    Download Restriction: free

    File URL:
    Download Restriction: free

    Other versions of this item:

    References listed on IDEAS

    1. Wood, Adrian, 1997. "Openness and Wage Inequality in Developing Countries: The Latin American Challenge to East Asian Conventional Wisdom," World Bank Economic Review, World Bank Group, vol. 11(1), pages 33-57, January.
    2. Alexis Saludjian, 2004. "Trajectoires de croissance et volatilité macroéconomique dans le Mercosur : quelques éléments d'analyse empirique," Revue Tiers Monde, Programme National Persée, vol. 45(179), pages 595-615.
    3. Maristella Svampa & Sebastian Pereyra, 2004. "Les dimensions de l'expérience Piquetera: tensions et cadres communs dans l'organisation et la mobilisation des chômeurs en Argentine," Revue Tiers-Monde, Armand Colin, vol. 0(2), pages 419-441.
    4. Alexis Saludjian, 2005. "Del Mercosur al ALCA: Críticas al Modelo Liberal de Nuevo Regionalismo de la BID," Post-Print hal-00120658, HAL.
    5. Alexis Saludjian, 2004. "Hacia Otra Integración Sudamericana: Críticas al Mercosur Neoliberal," Post-Print hal-00120661, HAL.
    6. Mortimore, Michael & Vergara, Sebastián & Katz, Jorge, 2001. "La competitividad internacional y el desarrollo nacional: implicancias para la política de inversión extranjera directa (IED) en América Latina," Desarrollo Productivo 107, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. Alexis Saludjian, 2008. "De los ciclos económicos a la volatilidad macroeconómica: el aporte de M. Kalecki," Post-Print halshs-00418425, HAL.
    8. Roberto Pizarro, 2001. "La vulnerabilidad social y sus desafíos: una mirada desde América Latina," DOCUMENTOS DE INVESTIGACION 003101, CEPAL NACIONES UNIDAS.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:rtmarc:rtm_186_0353. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.