#financial crisis

Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened. ↗

— Lee Myung-bak

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#crisis #engage #financial #financial crisis #fortunately

With the lessons taken from the financial crisis in 1997, the Republic of Korea has been able to surmount the global economic crisis rather successfully. ↗

— Lee Myung-bak

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#been #crisis #economic #economic crisis #financial