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The paper offers a method to quantify benefits and costs of corporate debt restructuring, ...

Adoption of inflation targeting by the Bank of Korea (BOK) in 1998 contributed to low and stable...

Korea has made a spectacular recovery from the Asian crisis. Executive Directors commended this...

The primary focus of this paper is on economic developments and policies in the period since the...

In recent years, the IMF has released a growing number of reports and other documents covering...

This paper analyzes the credit crunch following the recent financial crisis in Korea. Using...