South Korea and the IMF during the 1997 - 1999 Crisis

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In 1997 South Korea received the largest aid package to date from the International Monetary Fund as a result of the Asian financial crisis. This 8 page paper looks at the background to the $58 billion loan, the conditions that changed several times and the final outcome. To measure the effectiveness of the measures and the regime the Oslo-Postdam solution is used. The bibliography cites 9 sources.