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The Credit Channel at Work

其他書名	Lessons from the Republic of Korea's Financial Crisis
出版	World Bank, East Asia and Pacific Region, Financial Sector Development Unit, and, Development Research Group, Finance, 1999
URL	http://books.google.com.hk/books?id=yTqyAAAAIAAJ&hl=&source=gbs_api

註釋When negative monetary and financial shocks hit the Korean economy, reactions in the financial system amplified the impact of the shocks by reducing the credit available and increasing its cost. This particularly hurt segments of the economy that rely heavily on bank credit for external financing, such as small and medium-sized enterprises.