Did foreign investors destabilise the Korean stock market in 1997?
As South Korea has greatly suffered from the 1997 balance-of-payments crisis, many critics have blamed foreign investors for the economic crisis in the country. Foreign investors who suddenly became pessimistic about the South Korean economy and left the South Korean market are considered to have ca...
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| Veröffentlicht in: | The Singapore economic review |
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
2000
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Tag hinzufügen | Zusammenfassung: | As South Korea has greatly suffered from the 1997 balance-of-payments crisis, many critics have blamed foreign investors for the economic crisis in the country. Foreign investors who suddenly became pessimistic about the South Korean economy and left the South Korean market are considered to have caused the (South) Korean won depreciation and market declines. The author explores if foreign investors destabilised the (South) Korean stock market in 1997 by comparing market prices and the respective net asset values of closed-end country funds. (DÜI-Sen) |
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| Beschreibung: | In: The Singapore economic review |
| Beschreibung: | Graph. Darst |
| ISSN: | 0217-5908 |