IMF bailout for South Korea

URI: https://gptkb.org/entity/IMF_bailout_for_South_Korea
GPTKB entity
Statements (33)
Predicate Object
gptkbp:instanceOf gptkb:financial_assistance_program
gptkbp:agreementDate December 3, 1997
gptkbp:cause gptkb:Asian_financial_crisis
gptkbp:condition gptkb:corporate_restructuring
economic reforms
fiscal austerity
privatization of state-owned enterprises
financial sector reform
labor market reform
interest rate increase
gptkbp:country gptkb:South_Korea
gptkbp:currency gptkb:US_dollar
gptkbp:endDate 2001
gptkbp:maximumLoanAmount $58 billion
gptkbp:notablePerson gptkb:Kim_Dae-jung
gptkb:Kim_Young-sam
gptkb:Michel_Camdessus
gptkbp:organization gptkb:International_Monetary_Fund
gptkbp:relatedEvent gptkb:1997_Asian_financial_crisis
South Korean economic crisis
gptkbp:relatedOrganization gptkb:Asian_Development_Bank
gptkb:World_Bank
gptkbp:repaymentDate 2001
gptkbp:result economic recovery
public protests
unemployment increase
currency stabilization
foreign investment increase
restructuring of chaebols
gptkbp:startDate 1997
gptkbp:bfsParent gptkb:Asian_financial_crisis_(1997)
gptkbp:bfsLayer 7
https://www.w3.org/2000/01/rdf-schema#label IMF bailout for South Korea