The Korean Financial Crisis of 1997: Onset Turnaround and Thereafter

This book provides an unparalleled insider's look at the factors leading up to the 1997-98 crisis in South Korea and how the crisis unfolded over the next two years. Written by former finance minister Kyu-Sung Lee this book traces the evolving situation across the key sectors and the series of policy and institutional measures the government deployed throughout the crisis. This book is a must-read for policymakers scholars students and any reader interested in understanding the facts and circumstances surrounding the 1997-98 crisis the policies undertaken at the time and what the experience implies for preventing future crises.