Titre | La crise des banques coréennes après la crise | |
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Auteur | Gary A. Dymski | |
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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 |
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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) |
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Article en ligne | https://www.persee.fr/doc/tiers_1293-8882_2006_num_47_186_5634 |