º»¹®/³»¿ë
ÀÚº»½ÃÀåÀÇ ¼ö¿ä±â¹Ý È®Ãæ°ú Áõ±Ç»ê¾÷ÀÇ °æÀï·Â Á¦°í¸¦ À§ÇÑ Á¤Ã¥µéÀÌ ÃßÁøµÇ¾úÀ¸¸ç, ÀÚº»½ÃÀåÀÇ ÀÚ±ÝÁß°³±â´É Ȱ¼ºÈ¸¦ À§Çؼ ±â¾÷°ø°³¿Í »óÀåÀ» ºÐ¸®ÇÏ°í »óÀå¿ä°ÇÀ» ¿ÏÈÇÏ¿© ±â¾÷ÀÇ ÀÚº»½ÃÀå ÀÌ¿ë±âȸ¸¦ È®´ëÇÏ´Â Á¶Ä¡¸¦ ÃëÇß´Ù. ¶ÇÇÑ, ÄÚ½º´Ú ½ÃÀåÀÇ À°¼ºÀ» ÅëÇÑ Áß¼Ò¡¤º¥Ã³±â¾÷ÀÇ Á÷Á¢ ÀÚ±ÝÁ¶´ÞÀ» Ȱ¼ºÈ½ÃŰ´Â Á¶Ä¡¸¦ ÃëÇßÀ¸¸ç, ±¹Ã¤Àü¹®µô·¯Á¦µµÀÇ µµÀÔ µî ±¹Ã¤½ÃÀåÀ» ¼±ÁøÈÇÏ°í ¼±¹°°Å·¡¼Ò¸¦ °³¼³ÇÏ´Â µî ä±Ç½ÃÀåÀ» Ȱ¼ºÈÇÏ´Â Á¤Ã¥À» ÃßÁøÇß´Ù. ¿©±â¿¡ ´õÇØ IMF¿ÍÀÇ 2Â÷ ºÐ±â ÇùÀÇ¿¡ µû¶ó ¹ÂÃß¾ó ÆÝµå°¡ ¼³¸³µÇ°í, ±â¾÷ÀÇ ±¸Á¶Á¶Á¤ ¹× ÁÖÅðæ±âÀÇ È°¼ºÈ¸¦ ¸ñÀûÀ¸·Î ÀÚ»êÀ¯µ¿ÈÁõ±Ç(ABS)ÀÇ ¹ßÇàÀÌ Çã¿ëµÇ¾ú´Ù.
¿Ü±¹ÀÎÀÇ ±¹³» ÀÚº»½ÃÀå¿¡ ´ëÇÑ ÅõÀÚÁ¦Çѵµ °ÅÀÇ ÆóÁöÇß´Ù. ÁֽĽÃÀåÀº 1998³â 5¿ù¿¡ °ø°ø¹ýÀο¡ ´ëÇÑ ÅõÀÚ¸¦ Á¦¿ÜÇÑ ÁÖ½Ä, ÁÖ°¡Áö¼ö ¼±¹° ¹× ¿É¼Ç, ¼öÀÍÁõ±Ç¿¡ ´ëÇÑ ÅõÀÚÇѵµ°¡ ÆóÁöµÇ¾úÀ¸¸ç, ºñ»óÀå ÁÖ½Ä ÅõÀÚ¿Í ¹ßÇà½ÃÀå¿¡¼ÀÇ À¯°¡Áõ±Ç Ãëµæµµ Çã¿ëµÇ¾ú´Ù. ä±Ç½ÃÀåµµ 1998³â 5¿ù±îÁö ±â¾÷¾îÀ½, »ó¾÷¾îÀ½, ¹«¿ª¾îÀ½ µî ±â¾÷¹ßÇà ´Ü±â±ÝÀ¶»óǰÀº ¹°·Ð, CD, Ç¥Áö¾îÀ½, Á¾±Ý»ç ¹ßÇà¾îÀ½, RP µî ±ÝÀ¶±â°ü ¹ßÇà ´Ü±â±ÝÀ¶»óǰ±îÁö ¸ðµÎ °³¹æµÇ¾ú´Ù¡¦(»ý·«)
Âü°í¹®Çå
Á¶º¹Çö(2000), ¡°ÅõÀÚ¿Í ±ÝÀ¶: ÄÉÀÎÁîÀÇ ±ÝÀ¶Àû µ¿±â¿¡ ´ëÇÑ ÇØ¼®ÀÇ ÀïÁ¡¡±, ¡º»çȸ°æÁ¦Æò·Ð¡» Á¦ 15È£.
Çѱ¹ÀºÇà(1999), ¡º¿ì¸®³ª¶óÀÇ ±ÝÀ¶½ÃÀå¡», Çѱ¹ÀºÇà ±ÝÀ¶½ÃÀå±¹.
Arestis, Philip and Demetriades, Panicos (1999), ¡°Financial Liberalization: the Experience of Developing Countries¡±, Eastern Economic Journal, vol. 25, no. 4.
Baker, Dean; Pollin, Robert and Shaberg, Marc(1994), ¡°Main Street vs. Wall Street: Taxing the Big Casino¡±, Nation, vol. 258, no. 18(1994. 5. 9).
Bandiera, O., Capiro, G, Honohan, P., Schiantarelli, F. (1999), ¡°Does Financial Reform Raise or reduce Savings?¡±, World Bank, Policy Research Working Paper, 2062.
Basle Committee on Banking Supervision (1997), Core Principles for Effective Banking Supervision, BIS
Bernstein Peter L. (1998), ¡°Stock Market Risk in a Post Keynesian World¡±, Journal of Post Keynesian Economics, vol. 21 no. 1.
Cho Y-J and Khatkhate, D. (1989), ¡°Lessons of Financial Liberalization in Asia¡±, World Bank Discussion Paper, 50.
Cox, Andrew (1986), ¡°The State, Finance and Industry Relationship in Comparative Perspective¡±, in Cox, Andrew (ed.) The State, Finance and Industry; A Comparative Analysis of Post War Trends in Six Advanced Industrial Economies, New York, St. Martin`s Press.
Crotty, James R. and Epstein, Gerald (1996), ¡°In Defence of Capital Controls¡±, Socialist Resister.
Crotty, James R. and Goldstein, Don (1993), ¡°Do U.S. Financial Markets Allocate Credit Efficiently? The Case of Corporate Restructuring in the 1980s¡±, in Dymski, Gary A.; Epstein Gerald and Pollin, Robert (ed.), Transforming the U.S. Financial System, Armonk, M.E. Sharpe.
Davidson, Paul (1998), ¡°Volatile Financial Markets and the Speculator¡±, Economic Issues, no. 3.
Davidson, Paul (1999), ¡°The Role of Financial Markets; Efficiency vs Liquidity¡±, Presented at Ninth Annual Hyman Minsky Conference on Financial Structure, The Jerome Levy Economics Institute.
DeLong Bradford J.; Shleifer, Andrei; Summers, Lawlence H. and Waldmann, Robert J. (1989), ¡°The Size and Incidence of Losses from Noise Trading¡±, Journal of Finance, vol. 44, no. 3.
Demirguc-Kunt, Asli and Detragiache, Enrica (1998), ¡°The Determinants of Banking Crises in Developing and Developed Countries¡±, IMF Staff Papers, vol. 45, no. 1.
Diamond, Douglas and Dybvig, Philip (1983), ¡°Bank Runs, Deposit Insurance, and Liquidity¡±, Journal of Political Economy, vol. 91, no. 3.
Dutt, Amitava Krishna (1995), ¡°Interest Rate Policy, Growth and Distribution in Open Less-Developed Economy: a Theoretical Analysis¡±, in Arestis, P. and Chick, V. (eds.), Finance, Development and Structural Change, Edward Elgar.
Fry, Maxwell (1996), ¡°Finance and Growth in Pacific Basin Developing Countries¡±, in Hermes, N. and Lensink, R. (eds.), Financial Development and Economic Growth, Routledge.
Goldstein, Don (1995), ¡°Uncertainty, Competition, and Speculative Finance in the Eighties¡±, Journal of Economic Issues, vol. 29, no. 3.
Greenwood, J. and Jovanovic, B. (1990), ¡°Financial Development, Growth, and the Distribution of Income¡±, Journal of Political Economy, vol. 98.
Grabel Ilene (1995), ¡°Speculation-led Economic Development: a Post-Keynesian Interpretation of Financial Liberalization Programmes in Third World¡±, Internal Journal of Applied Economics, vol. 9.
Herman, edwardand Lowenstein, Louise (1988), ¡°The Efficiency Effects of Hostile Takeovers¡±, in Coffee, John; Lowenstein, Louise and Rose-Ackerman, Susan (eds.) Knights, Raiders, and Targets, Oxford University Press.
Jomo, K. S. (1998), ¡°Malaysian Debacle: Whose Fault?¡±, Cambridge Journal of Economics, vol. 22, no. 6.
Keynes, John Maynard (1936), The General Theory of Employment, Interest, and Money, London, Macmillan.
Keynes, John Maynard (1937), ¡°The General Theory of Employment¡±, The Quarterly Journal of Economics, Feb.
Larudee, Mehrene (1998), ¡°Integration and Income Distribution under North American Free Trade Agreement: the Experience of Mexico¡±, in Baker, D., Epstein, G. and Pollin, R. (eds.), Globalization and Progressive Economic Policy, Cambridge University Press.
Mayer, C. P. (1990) ¡°Financial System, Corporate Finance and Economic Development¡±, in Hubbard, Glen (ed.) Asymmetric Information, Corporate Finance, and Investment, University of Chicago Press.
McKinnon, Ronald (1973), Money and Capital in Economic Development, The Brookings Institution.
Minsky, Hyman (1986), Stabilizing an Unstable Economy, New Haven, Yale University Press.
Mishkin, Frederic S. (1997), ¡°The Causes nad Propagation of Financial Instability; Lessons for Policy Makers¡±, Presented at a Symposium Maintaing Financial Stability in a Global Economy, Sponsored by FRB of Kansas City.
Morck, Randall; Shleifer, Andrei and Vishny, Robert W. (1988), ¡°Characteristics of Hostile and Friendly Takeover Targets¡±, in Auerbach, Alan (ed.), Corperate Takeovers: Causes and Consequences, Chicago, Univ. of Chicago Press.
Myers, Stewart and Majluf, Nicholas (1984), ¡°Corporate Financing and Investment Decisions: When Firms Have Information That Investors Do not Have¡±, Journal of Financial Economics, vol. 13, June.
Parkin, Vincent (1983), ¡°Economic Liberalism in Chile, 1973-82, a Model for Growth and Development or Recipe for Stagnation and Impoverishment?¡±, Cambridge Journal of Economics, vol. 7, no. 2.
Pollin, Robert (1995), ¡°Financial Structures and Egalitarian Economic Policy¡±, New Left Review, 214.
Revlin, Alice M. (1998), ¡°Toward a Better Class of Financial Crises: Some Lessons from Asia¡±, Presented at Eighth Annual Hyman Minsky Conference on Financial Structure, The Jerome Levy Economics Institute.
Shaw, Edward (1973), Financial Deepening in Economic Development, Oxford University Press.
Sikorski, Trevor M. (1996), Financial Liberalization in Developing Countries, Cheltenham: Edward Elgar.
Singh, Ajit (1995), ¡°The Stock Market, Economic Efficiency and Industrial Development¡±, in Arestis, P. and V. Chick (eds.), Finance, Development and Structural Change, Edward Elgar.
Smithers, Andrew and Wright, Stephen (2000), Valuing Wall Street: Protecting Wealth in Turbulent Markets, McGraw-Hill.
Stiglitz, Joseph, E. (1989), ¡°Using Tax Policy to Curb Speculative Short-Term Trading¡±, Journal of Financial Service Reseach, no. 3.
Stiglitz, Joseph, E. (1999), ¡°What Have We Learned from the Recent Crises: Implication for Bank¡±, Remarks at the Conference Global Financial Crises: Implications for Banking and Regulation, Federal Reserve Bank of Chicago.
Stiglitz, Joseph, E. (2000), ¡°Capital Market Liberalization, Economic Growth, and Instability¡±, World Development, vol. 28, no. 6.
Stiglitz, Joseph E. and Weiss, Andrew (1981), ¡°Credit Rationing in Markets with Imperfect Information¡±, American Economic Review, vol. 71, no. 3.
Stein, Jeremy C. (1988), ¡°Takeover Threats and Managerial Myopia¡±, Journal of Political Economy, vol. 96, no. 11.
Summers, Lawrence H. and Summers, Victoria P. (1989), ¡°When Financial Markets Work too Well: A Cautious Case for a Securities Transactions Tax¡±, Journal of Financial Service Reseach, no. 3.