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Issue Report

Collection of full-length papers and in-depth analysis of economic and management issues.

Korea's Experience with International Capital Flows

Korea's Experience with International Capital Flows

July 24, 2006

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Korea's financial liberalization concomitant with its market opening began in the early 1980s, but at that time, they were implemented only in a limited areas and scope. Consequently, there was no significant effect on foreign capital flows. Starting in the early 1990s, however, additional measures to liberalize and open domestic financial markets were planned and introduced into the broader area. As a result, foreign capital inflows surged until the mid-1990s.

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