Contenu de l'article

Titre La crise des banques coréennes après la crise
Auteur Gary A. Dymski
Mir@bel Revue Revue Tiers-Monde
Numéro no 186, avril-juin 2006 Asie : Les enjeux d'une croissance élevée
Rubrique / Thématique
Asie : Les enjeux d'une croissance élevée
Page 353
Résumé anglais Korea's Post-Crisis Banking Crisis. This paper develops the argument that a foreign-bank-led wave of bank mergers and acquisitions will not yield universally higher welfare levels. Korea's banking crisis is not the result of the inefficiency or rent-seeking of its intermediaries, but of a regional structural financial crisis in East Asia after 1990. Most bank mergers and other structural changes in banking in Korea in recent years have resulted in large and risky public-sector debts, with gains taken primarily by overseas private-equity funds. Further, the impact of these structural shifts on lower-income households and small businesses may take Korea further toward a future of economic inequality and social bifurcation.
Source : Éditeur (via Persée)
Article en ligne https://www.persee.fr/doc/tiers_1293-8882_2006_num_47_186_5634