It takes the average reader 1 hour and 8 minutes to read The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform by Mr.Angel J. Ubide
Assuming a reading speed of 250 words per minute. Learn more
After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.
The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform by Mr.Angel J. Ubide is 67 pages long, and a total of 17,219 words.
This makes it 23% the length of the average book. It also has 21% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 34 minutes to read The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform aloud.
The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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