The economic crisis in Korea, which started as a financial or foreign exchange crisis at the end of 1997, is rapidly destroying the economic bases in real terms. It is expected that direct economic losses could exceed 25% of its annual GDP sooner or later. This would equal the damage experienced by the American economy in the Great Depression of 1929.
Labour law and industrial relations ; Economic Growth ; Labour Relations. General Resources ; Individual Working Papers, Preprints ; Korea (North) ; Korea (South)