Podcasts Government Asia's Developing Future Emerging economies can learn a lot from how Korea faced down financial crises

Emerging economies can learn a lot from how Korea faced down financial crises

Published: Jan. 18, 2018, 1:24 a.m.

b'Emerging economies can learn a lot from how the Republic of Korea faced down the financial crises of 1997 and 2008, and emerged from hard economic slowdown stronger than ever. \\n\\nPainful macroeconomic and financial reforms plugged structural weaknesses and restored investor confidence, and have put Korea in a better position to weather similar shocks, offering lessons for emerging Asian economies.\\n\\nRead the transcript\\nhttp://bit.ly/2G4YerO\\n\\nRead the working paper\\nhttps://www.adb.org/publications/twenty-years-after-financial-crisis-korea\\n\\nAbout the author\\nJong-Wha Lee is a professor of economics and director of the Asiatic Research Institute at Korea University.\\n\\nKnow more about ADBI\\u2019s work on the Republic of Korea\\nhttp://bit.ly/2B7KmJz'