Korean Securities Market in Transition

  • Sang-Koo Nam, Kyung Suh Park, Yu Kyung Kim Sang-Koo Nam
  • Published 2000

Abstract

Although the Korean capital market has grown remarkably in the past three decades, it lacks a firm foundation for continuous growth and development. The ratio of total stock market capitalization to the gross domestic product (GDP) remains lower in Korea than in other advanced economies, indicating that the stock market has high growth potential. However… (More)

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