Faithin Omaha eBook Collection

During a systemic financial crisis in Korea, the probability of financial distress was greater for large financial intermediaries (such as commercial banks and

After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. Thes

What causes currency substitution (foreign money substituting for domestic money)? What significance has it had in recent banking crises? And what is the relati

"In the East Asian crisis, "connections" - with industrial groups or influential families - increased the probability of distress for financial institutions. Co