Financial governance and policy learning in Korea: analysing the post-crisis experience

The purpose of this project is to explore the response of the Korean authorities to the fallout from the financial crisis that began in the fall of 1997. The project is situated in the domestic and international political economy and examines how the Korean government adjusted to practices in global finance and commerce. What is being examined at a practical level is to what extent has there been policy learning about financial policy governance within the Korean state since the 1997 financial collapse. The article concludes that there has not been enough political, social and institutional development in financial governance to accompany the purely economic advances.