from crisis to recovery: korea's policy response to the global financial meltdown, august 2007-june...

8/3/2019 From Crisis to Recovery: Korea's Policy Response to the Global Financial Meltdown, August 2007-June 2009 by Park

1/31

22?8


2/31

Yrgnoeg - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ~l

Xfg Nlmomeloj Erlulu lm M`rxfgoux Oulo omh Uwuxolmobjg Rge`~gr|

Xfg Nlmomeloj Erlulu lm M`rxfgoux Oulo omh Uwuxolmobjg Rge`~gr|

X`d B|rmg - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ?

Nr`d Erlulu x` Rge`~gr|3 K`rgou Y`jle| Rguy`mug x` xfg Aj`boj

Nlmomeloj Dgjxh`qm* Owawux 2991Cwmg 299-7 ygregmx n AHY- Xfg

udojj ulsg omh joek `n jlqwlhlx| jgnx xfg dorkgx gvyùgh x` o ugrlgu `n gvxgrmojufèku onxgr xfg e jjoyug `n Jgfdom B`xfgru* rguwjxlma lm ~ joxljg d`~gdgmxu

n xfg gvefomag roxg-

Nlawrg 53 D`~gdgmx `n Uxèk Yrlegu lm Ugjgexgh E`wmxr lgu lm Goux Oulo*29919 W-U-K`rgo Oeohgdle U|dyùlwd

Om`xfgr gokmguu lm K`rgo lu xfg e`megmxroxl`m n gvy`rxu lm o jldlxgh mwdbgrn domwnoexwrgu omh yr hwegru- Lm 2991* 71 ygregmx n x xoj gvy rxu grg uflyygh

`wx b| n`wr lmhwuxrlgu3 owx`d`bljgu* uflybwljhlma* gjgexr`mleu* omh efgdleoju-

Hwrlma xfg youx hgeohg* K rgou x y ?9 gvy rx yr hwexu dohg wy d rg xfom >7ygregmx `n K`rgou x`xoj gvy`rxu* ou uf`m lm Xobjg 2- Xfg ?9 joragux lmhwu$xrloj ar`wyu dohg wy 69 ygregmx `n K`rgou x`xoj gvy`rxu lm 2991- O ugxboeklm gvy`rx gormlmau `wjh xfgm wmhgrdlmg xfgmomeloj fgojxf n xfgug ar wyu*flef e`muxlxwxg xfg boekb`mg n xfg K rgom ge`m`d|- Xfg aj boj hgdomh n rdomwnoexwrgu lu d rg lme`dg gjouxle xfom xfgr eoxga rlgu n gvy rxobjgu omh*fgmeg* d`rg ugmulxl~g x` e|ejleoj flwexwoxl`mu n xfg aj`boj ge`m`d|- Ou uf`mb| Bjomeforh omh Alo~ossl &299


13/31

Mo~laoxl ma Xwrbwjgmeg lm M`rxfgoux Oulo3 Xfg Nwxwr g n xfg W-U-$R@K Ojj lomeg 21

x` orh `nn gvxgrmoj hlurwyxl`mu uwef ou xfg W-U- uwbyrldg erlulu- Xfgrg ou m~lulbjg g~lhgmeg xfox K`rgou y jle|dokgru grg e`ddlxxgh x` rguxrwexwrlmaxfg ge`m`d| x d`~g rgu`wregu x xfg m`mxrohobjg ugex ru n r d rg bojomegh

ar`xf- Lm xfg dgomxldg* xfg hgejlmg `n xfg y`xgmxloj roxg `n ar`xf xàgxfgrlxf efr`mle job`r wml m dljlxome|* h`dguxle hgdomh uxoamoxl m* o b`wx lxfo erghlx eorh erlulu lm 2995* omh xfg rgoj guxoxg bwbbjg lm 29979> do| ojj fo~gjgnx dom| n rglam lm~gux ru lxf xfg ouuguudgmx xfox K rgo ou ~wjmgrobjg x oaj boj ge`m`dle erlulu* m` doxxgr f` wmn`wmhgh xfox bgjlgn ou-

Hgxgrl`roxl`m lm Nlmomeloj Lmhleox`ru

@m xfg boulu `n om `~grojj rluk romklma `n gdgralma ge`m`dlgu e`muxrwexgh lm

xgrdu n n`wr lmhleox`ruo ewrrgmx oee`wmx hgelx r uwryjwu ou o ygregmxoag nAHY* xfg ~ jwdg n uf rx$xgrd gvxgrmoj hgbx ou o ygregmxoag n n rglam gvefomagrgugr~gu* omh bomku j om hgyùlx roxl uo rgy rx b| FUBE omh hguerlbgh b|Xfg Ge`m`dlux`m ?7 Ngbrwor| 299< yjoegh K rgo ou xfg xflrh dùx ~wjmgrobjge`wmxr| x` o ewrrgme| erlulu od`ma gdgralma ge`m`dlgu- Ojxf`waf xfgrg orgqwguxl mu ou x fgxfgr xfgug lmhleox ru org rgjlobjg dgouwrgu n xfg hgargg nu|uxgdle rluk* xfgrg ou jlxxjg h`wbx xfox xfg lmhleox`ru foh hgxgrl roxgh dwefd rg lm K rgo xfom gjugfgrg lm xfg gdgralma ge`m`dlgu Goux Oulo* omh xfluhgxgrl roxl m yjoegh K rgo lm o erlulu s`mg b| xfg gmh n Ugyxgdbgr 2996-

Rlug lm n rglam uf r x$xgrd hgbx-Ox xfg gmh n 2996 K`rgou uf`rx$xgrd n`rglamjlobljlxlgu ou o yr`y`rxl m `n lxu n`rglam gvefomag rgugr~g rùg x`


14/31

26 W-U-K`rgo Oeohgdle U|dy`ulwd

U`wreg3 Bomk n K`rgo-# J`ma$xgrd hgbx doxwrlma lxflm `mg |gor-

Xobjg 53 K`rgou Gvxgrmoj J loblj lxlgu omh Ouugxu* 29929


15/31



16/31


Nlawrg >3 Oaargaoxg Gnngexl~g Ewr rgme| Dludoxefgu n Ugjgexgh OulomE`wmxrlgu

U wreg3 D`rrlu A jhuxglm omh Yfljly Xwrmgr* E`mxr`j jl ma Ewrrgme| Dl udoxefgu lm Gdgralma Ge`m`$dlgu&Qouflmax`m* H-E-3 Lmuxlxwxg n`r Lmxgrmoxl moj Ge`m`dleu* 2998,-

x` (?5>*>78 dljjl m x` |goru joxgr- Qfox eowugh uwef o uywrx `n gvxgrmoj

b rr lma0 X hg~gj ydgmxu yrgelylxoxgh xfg lmergoug3 `mg ou rgjoxgh xeoylxoj oee`wmx jlbgrojlsoxl m omh xfg xfgr x y` r rluk domoagdgmx ox bomku-Xfg K rgomq`m* flef foh uxorxgh uxrgmaxfgmlma oaolmux xfg h jjor lm joxg 2997*e`mxlmwgh x` oyyrgeloxg x` nojj bgj` -Xfr`waf`wx 2991 omh hwrlma xfg rux x` d`mxfu `n 2996 lx rgdolmgh or`wmh-1 bljjl`m-Xfgug lm~guxdgmxu ojdùx h`wbjgh lm ~ojwg x (5?-5 bljjl m lm 299> omh uòrghnwrxfgr x` (7>-8 bljjl m lm xfg n jj lma |gor- Ou o rguwjx `n xfgug lmergougu* xfgdorkgx ~ojwg n ux eku* b`mhu* omh K rgom yoygr &egmxroj bomk* hgyùlx r| rg$eglyxu* Bomk `n K`rgo lrg* omh egrxleoxg `n hgyùlx, hgm`dlmoxgh lm n`rglamewrrgmelgu fgjh b| K`rgou lmuxlxwxl`moj lm~gux`ru &bomku* lmuwromeg e`dyomlgu*

K`rgo

Xfoljomh

Lmh`mgulo

Yfljlyylmgu

Dojo|ulo


17/31

Mo~laoxl ma Xwrbwjgmeg lm M`rxfgoux Oulo3 Xfg Nwxwr g n xfg W-U-$R@K Ojj lomeg 5?

ouugx domoagdgmx e`dyomlgu* omh ugewrlxlgurdu, d rg xfom h`wbjgh x (??

bljjl m bgxggm xfg gmh n 299> omh xfg gmh n 2991 &Nlawrg 1,-

Lm 2991* bomku oju` lm~guxgh (>9 bljjl`m lm j`ma$xgrd n`rorh h`jjor e`mxroexuluuwgh b| uflybwljhgru- Bgeowug lx xokgu o j`ma ygrl`h x e`muxrwex uflyu* o x|yleojuflybwljhlma `rhgr hgulamoxgu hgjl~gr| `n xfg yo|dgmx* dùxj| lm W-U- h jjoru*ox o nwxwrg hoxg* nxgm d rg xfom o |gor lm xfg nwxwrg- X o~ lh xfg gvefomag roxgrluk* xfg uflybwljhgru wuwojj| xokg o uf`rx yùlxl`m lm xfg n`rorh dorkgx- Bomkuxokg o j`ma yùlxl`m ou xfg e`wmxgryorxu lm xfg n rorh dorkgx- Xfg bomku org m xuxrlexj| rgqwlrgh bwx xfg| ewux`dorl j| dolmxolm o uqworg y ulxl`m lm xfglr f jhlmau

`n n`rglam ewrrgme| ouugxu omh jlobljlxlgu x` o~ lh n`rglam gvefomag roxg rluku-

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Xflu dgomu xfox xfg| fo~g x b rr xfg uodg od`wmx n W-U- h jjoru n xfguodg doxwrlx| u ou x` uqworg xfglr n`rglam ewrrgme| yùlxl`m-

Ou o rguwjx n xfgug x` hg~gj`ydgmxujorag lmergougu lm y`rxn jl` lm~guxdgmxulm n`rglam ugewrlxlgu omh bomku f jhlmau n uflybwljhgru n`rorh e`mxroexuxfghgdomh n r W-U- h jjoru omh xfgr n rglam ewrrgmelgu arg roylhj| ox o xldg fgmxfg h`dguxle uwyyj| ou ufrlmklma- Xfg ewrrgmx oee`wmx uwryjwu yjwmagh x` (7-8bljjl`m lm 299>* flef ou ob`wx mg$xflrh n xfg jg~gj `n 2997- Xfg uwryjwu ou

Nlawrg 13 K`rgou Y`rxn`jl` Lm~guxdgmxu lm N`rglam Ugewrlxlgu* 299>9


18/31


gqwojj| udojj lm xfg n`jj`lma |gor- Lm xfg dgomxldg* K`rgou y`jle| owxf`rl$xlgu e mxlmwgh lxf uxgrl jlsoxl`m ygroxl`mu- B| xfg gmh n 2991 xfg uxgrl jlsoxl`mohhgh d`rg xfom (79 bljjl m x` xfg egmxroj bomk rgugr~gu* nr`d oyyr`vldoxgj|

(2?9 bljjl m x` |goru bgn`rg* x` uxgd oyyrgeloxl m `n xfg q`m- Xflu eowugh onwrxfgr uqwggsg `m xfg o~oljobljlx| `n W-U- h`jjor jlqwlhlx| lm xfg jèoj n`rglamgvefomag dorkgx* flef* ln xfgr xflmau foh bggm gqwoj* `wjh fo~g gokgmghxfg ewrrgme|- Bwx xfgru xflmau grg m x gqwoj- Dwef n xfg gveguu hgdomh n rW-U- h jjoru ou dgx b| eoylxoj lmflù ou bomku omh xfgr momeloj lmuxlxwxl`mugmx m x`momeg o jorag uforg n xfglr y rxn jl lm~guxdgmxu obr oh b| gvxgrmojb`rr`lma-

Xfg x`xoj od`wmx `n gvxgrmoj nwmhu rolugh b| bomku b| b`rr`lma nr`d n`rglam

bomku omh luuwlma ugewrlxlgu rom x` (1> bljjl`m ox xfg gmh n 299>- Lm xfg n jj`$lma |gor* l x gvyomhgh b| 51 ygregmx x` (?98 blj jl`m omh b| om xfgr 26 ygregmx lm2996- Bomku omh xfgr momeloj lmuxlxwxl mu b`rr`gh u` dwef xfox* hguylxg ouwbuxomxloj lmergoug lm eoylxoj `wxflù* xfgmomeloj oee`wmx rgaluxgrgh o uwryjwu`n (>-2 bljjl`m lm 2991- Xfg bwjk `n n`rglam b`rr`lma ou ugewrgh nr`d xfguf`rx gmh n lmxgrmoxl`moj momeloj dorkgxu bgeowug lx ou jguu eùxj|- Xfg x xoj~`jwdg `n uf`rx$xgrd n`rglam jlobljlxlgu foh uxgohlj| rlugm x` rgoef xfg jg~gj `nn rglam gvefomag rgugr~gu b| @ex bgr 2996- K rgo hlh m x a `~gr xfg AANyrguerlyxl`m n`r rgugr~g f jhlmau* bwx xfg lmergoug ou ygregl~gh x` bg x`` jorag

x yrgugr~g xfg u`wmhmguu n bomku omh xfgr momeloj lmuxlxwxl mu omh* fgmeg*x kggy uygewjox ru ox bo| fgm b xf xfg ewrrgmx omh momeloj oee`wmxu grggvygexgh x rwm hgelxu lm xfg uge`mh fojn `n 2996-

Xfg bojj `mlma `n uf`rx$xgrd n`rglam jlobljlxlgu ou oju` b`wmh x` gvoegrboxgbojomeg ufggx dludoxefgu ox momeloj lmuxlxwxl mu* rgmhgrlma K`rgo uwuegyxlbjgx` o n`rglam ewrrgme| jlqwlhlx| erwmef- N`r xfrgg e`mugewxl~g |goru* o jlxxjg `~gr>9 ygregmx n n rglam ewrrgme| ouugxu fgjh b| bomku e`muluxgh n n rglam ewr$rgme| j omu x h`dguxle b rr gru- Xfgug j omu grg lmuxrwdgmxoj lm eowulma o

jorag lmergoug lm ewrrgme| omh doxwrlx| dludoxefgu ou xfg bomku rgjlgh fgo~lj|`m gvxgrmoj f jguojg nwmhlma fljg h`dguxle b`rr`gru grg m`x yrgyorgh x`yo| xfglr hgbxu* ou xfg| grg oeewux dgh x rgmglma xfgd e`mxlmw`wuj|-

Xfg dludoxefgu foh bggm ox xfg r x n jlqwlhlx| uf rxoagu xfox xfrgoxgmgh xfglruongx| omh u`wmhmguu lm xfg ?


19/31


Xfg rluku ouuèloxgh lxf xfg bojj``mlma `n uf`rx$xgrd n`rglam jlobljlxlgu grgnwrxfgr e`dy`wmhgh b| fgo~| jùugu uwuxolmgh b| K rgom lm~gux ru f b`wafxjorag od`wmxu `n n`rglam ugewrlxlgu fgm xfg aj boj momeloj u|uxgd dgjxgh

h`m- Lm 2996* d`rg xfom 79 ygregmx `n xfglr lm~guxdgmxu* x`xojlma (?? blj$jl m ox xfg gmh n 2991* g~oy roxgh* dùxj| bgeowug n xfg e jjoyug n xfgmom$eloj dorkgxu xfg| foh gmxgrgh- Dùx uxrlklma ou xfg j uu lmewrrgh b| yrl~oxglm~gux`ru lm xfglr n`rglam uxèk lm~guxdgmxu- Ox xfg gmh `n 299>* xfglr f jhlmau`n n`rglam uxèku grg ~ojwgh ox (?8-< bljjl m- O |gor joxgr xfg dorkgx ~ojwg `nxfgug f jhlmau cwdygh wy x` (15-5 bljjl m* ojdùx ~g xldgu xfg od`wmx o |gorbgn`rg- Lm 2996 xfg erlulu uxrwek* omh xfg| j ux d`rg xfom x`$xflrhu `n xfglrux ek lm~guxdgmxu- Q rug |gx* d rg xfom 69 ygregmx n xfgug lm~guxdgmxu grgfghagh oaolmux xfg ewrrgme| rluk- Bgeowug xfg| foh bgx oaolmux hgyrgeloxl m n

xfg q`m* dùx yrl~oxg lm~gux ru rom wy jorag n rglam gvefomag j uugu fgm xfgq`mgokgmgh ou dwef ou lx hlh-

Wmhgr m`rdoj elrewduxomegu* xfgug b `k jùugu `wjh m`x yr`~`kg om| j lqwlhlx|erwmef* ou uf`rx$xgrd n`rglam j omu org jlkgj| x` bg rgmggh e`mxlmw`wuj|- Bwx`meg xfg erlulu grwyxgh* xfg| e`wjh m`x bg rgohlj| r jjgh `~gr- Qfgm xfg| e`wjhm x* l x ou b~l`wu xfox u`dg n xfgug ouugxu grg x bg u jh ox fgo~lj| hlue`wmxghyrlegu- Xflu yrùygex `n eoylxoj j uugu ldyjlgh o jorag y`xgmxloj lmergoug lm K`$rgou n rglam hgbx bwrhgm omh o hrolm `m n rglam gvefomag rgugr~gu- Dom| ufly

bw|gru hlh m`x fgjy ldyr`~g xfg yrùygex ou xfg| e`wjh m`x f`m r xfglr n`rorhe`mxroexu- Ou o rguwjx* `m xfg hgjl~gr| hoxg* uflybwljhlma e`dyomlgu grg n`reghx ywrefoug W-U- h jjoru lm xfg uy x dorkgx x ejgor xfg yùlxl m- Xflu ohhghhgdomh n r W-U- h jjoru* x agxfgr lxf xfg eoylxoj j uugu omh xfg gdgragmeg nbojomeg ufggx dludoxefgu* ueojgh wy xfg gvxgrmoj b rr`lma rgqwlrgdgmx fgmn`rglam lm~gux`ru grg jgo~lma xfg K`rgom dorkgx- Wmobjg x` ugewrg uf`rx$ `rj`ma$xgrd jòmu* K`rgo ou xfr`m lmx` o hggygr jlqwlhlx| erlulu-

Hgxgr l`roxl`m lm xfg u wmhmguu n xfg bomklma ugex`r- Lmergougu lm xfg doxwrlx|

omh xfg ewrrgme| dludoxefgu grg e`dy`wmhgh b| o jorag hr y lm bomk yr`xu lm2996- Xfg y` r gormlmau ygrn rdomeg ou br wafx m b| o uwbuxomxloj lmergoug

lm m`mygrn`rdlma j omu omh xfg nwmhlma eùx ox e`ddgreloj bomku- Bgn`rg xfg`mugx n xfg erlulu* bomku foh ojj eoxgh om lmergoulma uforg n xfglr j omobjgrgu`wregu x f`wugf jhu omh udojj$ omh dghlwd$ulsgrdu lmuxgoh n jorag mgu*lm yorxlewjor xfùg onjloxgh lxf xfgefogb`j* flef grg ulxxlma m jorag od`wmxun eouf rgugr~gu- Xfg x xoj ~ jwdg n f`wugf jh jòmu gvxgmhgh b| bomku omh ojjxfgr momeloj lmuxlxwxl mu r ug x ob`wx 15 ygregmx n AHY ox xfg gmh n 2996

e`dyorgh lxf ob`wx 89 ygregmx lm ?


20/31


Dwef n xfg lmergoug lm f`wugf jh hgbx gmx n`r xfgmomelma n f`wulma hwrlmaxfg 29979> bwbbjg- Ou xfg rgeguul`m aoxfgrgh n reg* lx u nxgmgh f`wulma yrleguomh ugmx dom| e`muwdgr j omu lmx orrgoru- Xfg uforg n uwbuxomhorh j omu

&hgjlmqwgmx n`r d`rg xfom xfrgg d`mxfu, `wx n x`xoj jòmu rùg x` 9-> ygregmx oxxfg gmh n 2996 omh xfgm x 9-15 ygregmx xfrgg d`mxfu joxgr e`dyorgh lxf 9-77ygregmx o |gor gorj lgr- Hwrlma xfg uodg ygrl`h* xfg x xoj od`wmx n jòmu aromxghx` udojj$ omh dghlwd$ulsgrdu oju ejldbgh x 52-7 ygregmx n r d 2


21/31


rwjg* lx ou m`x gm`waf x` e`m~lmeg n`rglam lm~gux`ru xfox K`rgo foh bwljx wyuwnelgmx ugjn$lmuwromeg x` uongaworh lx oaolmux o erlulu fgm n`rglam lm~gux`ruomh jgmhgru yomlekgh-

L^- Erlulu Domoagdgmx omh Doer`ge`m`dle Y`jle|

Lm 2997 omh 299>* yrlegu n f`wulma* e`ddgreloj rgoj guxoxg* omh jomh bgaomuwralma lm u`dg yorxu `n xfg e`wmxr|* lm yorxlewjor lm xfg dgxr`y jlxom orgou*fgm xfg ge`m`d| ou efwaalma oj ma lxf uxoamomx h`dguxle hgdomh lm xfgobugmeg n lmfloxl`mor| yrguuwrg- Xlafxgr d`mgxor| y jle| ou lmoyyr`yrloxg ouo dgouwrg n r uxobljlslma xfg rgoj guxoxg dorkgx- Lmuxgoh* xfg K rgom a`~grmdgmxefùg x ldyùg ~orl`wu xovgu omh xfgr ohdlmluxroxl~g rguxrlexl`mu m mgrufly*

xromungr* omh xromuoexl mu n f`wulma x uxody `wx lmelylgmx rgoj guxoxg uygewjo$xl`m- Xfgug dgouwrgu uweegghgh lm uxobljlslma yrlegu n f`wulma omh xfgr x|ygun rgoj guxoxg* bwx ox xfg eùx n erwuflma e`muxrwexl m lm~guxdgmx- Xfg `wxbrgok

`n xfg aj`boj momeloj erlulu ujoufgh nwrxfgr xfg hgdomh n r rgoj guxoxg x hgyrguue`muxrwexl`m lm~guxdgmx- Lm xfg uge`mh fojn `n 2996* yrlegu n lj omh xfgr rodoxgrloju bgaom nojjlma lxf xfg uyrgoh `n xfg aj boj ge`m`dle erlulu* rgd`~$lma xfg bwrhgm `n uxobljlslma yrlegu- Noegh lxf hlmhjlma gvy`rx dorkgxu omhxfg yr uygex n o j ma* hrom$ wx rge`~gr|* xfg K rgom a`~grmdgmx ugx `wx xldyjgdgmx o xfrgg$yr magh rge`~gr| uxroxga| xfox e`muluxgh n gvyomul mor|

d`mgxor| omh ueoj y jle|* nrgg$flòxlma gvefomag roxgu e`dyjgdgmxgh b| ug$ewrlma ohhlxl moj n`rglam gvefomag rgugr~gu* omh o ulnx rguxrwexwrlma `n oljlmabomku omhrdu- Xfg Bomk n K`rgo j`grgh nwrxfgr lxu boug roxg* omh xfgueojowxf`rlxlgu lmxr`hwegh x` ueoj uxldwjwu yoekoagu n r 299


22/31

5> W-U-K`rgo Oeohgdle U|dy`ulwd

u j~lma o erlulu- Ou lx hlh hwrlma xfg Oulommomeloj erlulu* m ?2 @ex`bgr 2996*xfg K rgom a`~grmdgmx rux luuwgh u`~grglam aworomxggu m mg n rglam j omu

wy x` (?99 bljjl m doxwrlma bgn`rg xfg gmh `n Cwmg 299


23/31


dorkgx n r o fljg* bwx xfgrgonxgr xfg gvefomag roxg gmx `m o r jjgr e`ouxgr*uf``xlma wy x` ?*715 q`mygr h j jor m 5 Doref 299< bgn`rg uwbulhlma x` ?*599q`mox xfg gmh n Cwmg 299


24/31


Lm doer`ge`m`dle y jle|* lx lu lhgj| oeegyxgh xfox flgvlbljlx| `n xfg n`rglamgvefomag roxg u|uxgd uf`wjh bg al~gm u`dg erghlx n r u nxgmlma xfg ldyoex nxfg jlqwlhlx| erwmef* ojxf`waf ou |gx xfgrg lu m` gdylrleoj g~lhgmeg x` boek wy

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Ulmeg gorj| Oyrl j 299


25/31


26/31


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27/31

Mo~laoxl ma Xwrbwjgmeg lm M`rxfgoux Oulo3 Xfg Nwxwr g n xfg W-U-$R@K Ojj lomeg 8?

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28/31


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29/31


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JLUX @N RGNGRGMEGU

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LDN &Lmxgrmoxl`moj D`mgxor| Nwmh,- 299


30/31


York \wma$efwj- 299


31/31

from crisis to recovery: korea's policy response to the global financial meltdown, august 2007-june...

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