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:: Accounting & Finance |
Excerpted from the Korea Career Guide
Before the Asian financial crisis, most Asian financial markets enjoyed
high bank depository and interest rates. Since the crash, however, the
South Korean government has begun to break the hold of the chaebols (large,
multi-industry conglomerates) over the financial sector. While there is
no intention of forcing the chaebols to divest their financial subsidiaries,
the government is increasing regulation to prevent chaebols from arbitrarily
channeling money into other subsidiaries. Since the recession, the operating
cash flow has increased. This is a good sign that the finance
and accounting sectors are beginning to recover in South Korea.
Sample resources from the guide:
Korea Institute of Finance-Financial Studies
The Korea Institute of Finance (KIF) was founded to provide expert analysis
for the development of Korea's financial sector, as well as to provide
financial policies through systematic research and analysis of domestic
and international financial systems, various policy options, and the management
of domestic and international financial institutions.
This is just a sample of what you'll find in the complete guide.
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