The South Korean Economy after the Financial Crises in 1997 and 2008

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F09%3A00145716" target="_blank" >RIV/62156489:43110/09:00145716 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
The South Korean Economy after the Financial Crises in 1997 and 2008
Original language description
Korea's development in the last four decades of the 20th century was astonishing. The growth rate of GDP per capita was even the highest in the world during the period 1965 to 1990. After the World War II, Korea was one of the poorest countries in the world, however, it gradually transformed into an advanced economy. In the late 1990s, Korea was heavily affected by the Asian financial crisis. The crisis revealed longstanding weaknesses in Korea's development model. After this crisis, Korea managed to implement broad structural reforms. The country started to build a knowledge economy and we can claim that it has been successful. Nowadays, we often hear that a crisis represents an opportunity. Korea is an example of a country that was truly able to utilize such an opportunity. Therefore, the Korean transition to the knowledge economy that was initiated after the financial crisis 1997 -- 1998 could be an inspiration for Central European countries.
Czech name
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Czech description
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Publication year
2009
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of 12th International Conference on Finance and Banking: Structural and Regional Impacts of Financial Crises
ISBN
978-80-7248-554-3
ISSN
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e-ISSN
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Number of pages
15
Pages from-to
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Publisher name
Silesian University
Place of publication
Karviná
Event location
Ostravice, Sepetná
Event date
Oct 28, 2009
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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