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The financing pattern in the Korean industrialization

Author

Listed:
  • Otaviano Canuto

Abstract

This paper sketches some basic features of the pattern of finance prevailingduring the Korean process of heavy industrialization in the seventies, as well as the financialrestructuring by which the Korean economy managed to cross over the foreign debt crisis inthe eighties. Emphasis is laid upon Korean privatization of state banking and correspondingforeign liabilities, as contrasted to the state absorption in the Brazilian case. JEL Classification: O53; L52.

Suggested Citation

  • Otaviano Canuto, 1994. "The financing pattern in the Korean industrialization," Brazilian Journal of Political Economy, Center of Political Economy, vol. 14(3), pages 339-353.
    • Handle: RePEc:ekm:repojs:v:14:y:1994:i:3:p:339-353:id:1288
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1288/1273
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    More about this item

    Keywords

    Industrialization; investment; banks sector; credit;
    All these keywords.

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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