Policy Analyses
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Policy Analyses
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The Causes and Effects for Capital outflows in Korea
financial policy, capital market
Author Deok Ryong Yoon et al. Series 05-11 Language Korean Date 2005.12.30
Global integration of capital markets, Korea's trade surplus, and continuous capital accumulation have raised the need for policy change to keep capital within the domestic market to allow for capital outflow into foreign market. To meet this need, Korea has established a plan for capital liberalization and has implemented the plan continuously according to the given schedule. (The rest is omitted.)
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