TITLE

South Korea's overburdened consumers

PUB. DATE
September 2004
SOURCE
Market: Asia Pacific;Sep2004, Vol. 13 Issue 9, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses the increasing consumer credit in South Korea from 2002 to 2004. Effect of the trend on the local sales of the top automobile makers in the country; Devaluation of the South Korean currency; Factors that contributed to the decline in household spending.
ACCESSION #
14372605

 

Related Articles

  • What the peso debacle should teach investors. Del Prete, Dom // Medical Economics;5/8/95, Vol. 72 Issue 9, p118 

    Presents the lessons that investors should learn from the Mexican stock market crash caused by the country's devaluation of its currency. Background on the Mexican stock market crash; Limiting of investors' position in foreign markets; Closed-end funds affected by the crash; Other Latin...

  • The Philippines: Weathering the storm. McCrary, Ernest S. // Global Finance;Sep97, Vol. 11 Issue 9, p103 

    Discusses the effects of the Southeast Asian regional currency crisis on the economy of the Philippines. Susceptibility due to the opening of the economy to foreign capital; Linkage to the globalization of markets; Reasons for optimism; Assessment of growth rates.

  • Will Greece Bring Down the Euro?  // Farm Chemicals International;Apr2010, Vol. 24 Issue 4, p6 

    The article reports on the risks factors concerning the financial crisis in Greece including the threat on putting an end to the single-currency system of the European Union (EU), devaluation of euro, and negative response of major stock indices.

  • The Great Argentine Train Robbery. Hanke, Steve H. // International Economy;Spring2002, Vol. 16 Issue 2, p18 

    Focuses on the monetary crises in Argentina. Convertibility of the currency board system; Effects of devaluation in the economy; Value of the peso against the U.S. the dollar.

  • Mexico's financial sector crisis: Propagative linkages to devaluation. Wilson, Berry; Saunders, Anthony // Economic Journal;Jan2000, Vol. 110 Issue 460, p292 

    Tests several hypotheses concerning the impact of devaluation in Mexico. Background on the state of the financial sector in Mexico; Asset-pricing analysis of the financial-sector crisis; Impact of devaluation on Mexico's real sectors; Asset-pricing analysis of Mexico's financial groups.

  • Argentina's Currency Crunch Hits Home. McKnight, Marshall // Business News New Jersey;2/18/2002, Vol. 15 Issue 8, p5 

    Discusses the impact of the economic crisis and the devaluation of the peso to businesses in Argentina. Closure of money exchange houses; List of US investors which suffers a decline of sales in the country; Decision of the government to seek emergency loan from the International Monetary Fund...

  • How much does excess debt contribute to currency crises? The case of Korea. Qin, Duo // Journal of Asian Economics;Spring2001, Vol. 12 Issue 1, p87 

    It is widely believed that seriously excess debt problems form a major cause of the 1997 Asian financial crisis. This paper investigates empirically the role of the debt problems using Korea's won/USS rate as the guinea pig. The problems are represented by two institutional variables in...

  • Eastern European Retailers Feel The Squeeze. Gee, Alastair // WWD: Women's Wear Daily;3/25/2009, Vol. 197 Issue 63, p12 

    The article reports that the retailers of luxury goods in the Eastern Europe, suffering from currency devaluation and significant current account deficits, are showing lower sales. Irma Marcinkiene, a spokeswoman for Apranga Group, has stated that the crisis is being felt very strongly in the...

  • Global Diaper Producers May Bear Significant Losses in Russia. Gerden, Eugene // Nonwovens Industry;Apr2015, Vol. 46 Issue 4, p34 

    The article reports on the impacts of the economic crisis and national currency devaluation in Russia to several napkins and diapers producers including Procter & Gamble, Merries, and Kimberly-Clark. Topics discussed include the decline in the diaper sales in the country due to the increase in...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics