{"product_id":"9780821333563","title":"Regulated Deregulation of the Financial System in Korea","description":"This paper examines the anatomy of the Korean financial reform policy since 1974 in order to place its financial reform plan of 1993 in the right perspective. It starts with a conceptual framework which provides a rationale for why the financial liberalization in Korea proceeded gradually with government guidance which was market-conforming. It argues that the Korea ' s approach to regulated financial reform was rooted in its institutions, history and its peculiar genius to devise non-market institutions as complementary and supportive to the market system. After surveying Korea ' s progress in financial system liberalization, the paper focuses on Korea ' s blueprint of complete deregulation introduced in 1993 and brings out its underlying logic. It however adds a caution that the Korean model is not possible to replicate in other developing countries.  ","brand":"World Bank Publications","offers":[{"title":"Default Title","offer_id":47031496311024,"sku":"9780821333563","price":22.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780821333563_p0.gif?v=1763743427","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780821333563","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}