English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 109951/140892 (78%)
Visitors : 46215886      Online Users : 1142
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
    •  Adv. Search
    Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer Goto mobile version


    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/123120


    Title: 發展途徑、金融危機與金融重建：台灣與韓國的比較
    Developmental Patterns, Financial Crises, and Financial Restructuring: A Comparison of Taiwan and South Korea
    Authors: 吳親恩
    Wu, Chin-En
    Contributors: 問題與研究
    Keywords: 經濟發展;金融危機;金融重建;雙元經濟
    Economic Development;Financial Crises;Financial Restructuring;Dual Economy
    Date: 2010-09
    Issue Date: 2019-04-23 09:16:34 (UTC+8)
    Abstract: 本文觀察台灣與韓國發展過程的差異，對兩地金融危機形態以及金融重建進展的影響。兩國金融重建過程的差異受到危機形態的制約，這又受到之前發展形態的影響，亦即是否出現雙元經濟：同時存在一個面對軟預算的內需部門與一個面對硬預算的出口部門。韓國的金融危機，除了一開始的壞帳率較高之外，更包含外匯危機，另外出口重心的財閥負債淨值比高，而且很多是國際的借貸，產生急迫的壓力要採取結構性的改革措施以挽回市場的信心，不同面向改革工程在短時間內次第開展。雙元經濟的存在使台灣的金融危機並不包括外匯危機，問題企業集中在內需產業，所以金融重建的啟動相對較慢，一開始集中於處理問題金融機構，其後雖然因為遲未處理銀行壞帳，使得逾放比不斷升高，甚至比韓國金融危機剛爆發時更高，但因沒有外匯危機，加上出口企業的問題不大，所以對壞帳的處理較慢，對其他部分的金融重建改革更為遲緩。另一方面，金融風暴的性質也影響國際金融機構的介入與否，外匯金融危機需要國際金融機構的資金援助以穩定匯率，本土金融風暴則不需要這方面的援助。
    This paper explores how patterns of development affect types of financial crises and financial restructuring by comparing the experiences of Taiwan and South Korea. With or without the presence of dual economy determines the nature of the financial crises, eventually affecting the scopes and paces of restructuring packages in the two countries. Dual economy in this context denotes the coexistence of an efficient exporting sector and an inefficient domestic sector. The financial crisis in South Korea involved high initial non-performing loans ratios, exchange rate crises, and high debt to equity ratios. In addition, the heavily indebted exporting sector forces the government to undertake immediate and extensive reform measures to restore the market confidence. Exchange rate crises, in addition, also invited the rescue package engineered by IMF, helping South Korea better implement structural reforms. In contrast, with the presence of dual economy, exchange rate crises are not an essential part of the financial crisis in Taiwan, and heavily indebted enterprises concentrate in the domestic sector. As a result, the liquidation of non-performing loans and the introduction of the other part of the restructuring reforms were considerably delayed.
    Relation: 問題與研究, 49(3), 105-143
    Data Type: article
    Appears in Collections:[問題與研究 TSSCI] 期刊論文

    Files in This Item:

    File Description SizeFormat
    394.pdf2395KbAdobe PDF2170View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback