The Role of Kamco in Resolving Nonperforming Loans in the Republic of Korea

The Role of Kamco in Resolving Nonperforming Loans in the Republic of Korea
This paper aims to provide a balanced assessment of Korea Asset Management Corporation's role in resolving nonperforming loans in the aftermath of the 1997-98 financial crisis. It argues that KAMCO's incentive to dispose of NPLs can be explained by a strong social desire for a recovery of public funds injected for financial sector restructuring.... READ MORE...

Publication date: September 2004
ISBN 9781451858600
$15.00

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