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- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2010.4
- 수록면
- 1 - 29 (29page)
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The 2008 global financial crisis was much more severe than the 1997 Asian crisis. Thus, ceteris paribus and barring a serious nonlinearity, Korea?s economy should have done worse in 2008 than a decade ago. However, the opposite seems to be true. This paper examines factors behind such a puzzling outcome. Another issue raised is potential long lasting impacts of the recent crisis. Since the 1997 crisis, the average growth rate of real GDP has been noticeably lower. Given serious welfare implications of such deceleration, one cannot but wonder about similar long term effects of the current crisis going forward.
목차
1. INTRODUCTION
2. OVERVIEW OF THE TWO CRISES
3. CONSEQUENCES OF THE TWO CRISES
4. CONCLUSION
REFERENCES
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UCI(KEPA) : I410-ECN-0101-2013-320-000507680