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D. H. Choi

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Aug 2026

A Case Study on the Economic Implications of Capital Account Liberalization: Focused on Korean Business Groups (Chaebols)

Capital account liberalization has a dual nature: while it promotes economic growth and improves capital efficiency, it can also increase foreign exchange market volatility and trigger financial crises. Korean business groups (chaebols) have strengthened their growth and competitiveness by utilizing overseas financing,...

Junesuh Yi, D. H. Choi · 0 citations

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