Korea conquering a crisis

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In 1997, Korea was brought to the verge of economic collapse. Using intensive crisis management and a historic bailout of $21 billion, Korea quickly began to reverse the effects of a buildup of bad banking debt and excessive short-term borrowing. This program examines the measures used to engineer Korea's comeback, such as adjusting interest rates, creating new bank lending practices and encouraging corporate debt reduction.; In English and Korean with English subtitles.
Hardin, Frances Anne
International Monetary Fund. External Relations Dept; Films for the Humanities & Sciences (Firm)
Asian Culture; Korean Culture; South Korean Culture; Economics, Business, Commerce, Labor; Government, Law, Politics; Asian Studies; Korea; Economics, Business, Commerce, Labor; Government, Law, Politics; International finance; Financial crises Korea (South); Monetary policy Korea (South); Debt relief Korea (South); Corporate debt Korea (South); Interest rates Korea (South); Banks and banking Korea (South); Korea (South) Economic conditions 1960-; Korea (South) Economic policy 1960-
North America; United States; New Jersey
Distinctive Media Collections
Rights Statement
In Copyright
Terms of Use
Access is restricted to patrons at the University of Maryland.
Physical Description
19 minutes; color


Access condition: campus-only.

Creation/Production Credits

Narrator, Frances Anne Hardin. Camera, Gary Henoch; editor, Tracy Baumgardner; music, World Music Library.
Other Identifiers
Filename: lms-089759; Fedora 2 PID: umd:10762; Handle Identifier: hdl:1903.1/3237; OCLC: ocm53972972; Catalog Key: alephsys003125518; Catalog Key: 11192

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This item is accessible by: collection staff, users in specific IP Ranges.