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Policies should encourage private sector participation in building long-term patient capital to support innovative start-ups.
In the highly competitive Korean market, policy makers need to adjust performance indicators and incentives to encourage banks to increase technology financing.
More attention needs to be given to borrowers' wider financial condition to ensure customized loan management.
Setting the criteria for classifying environmentally sound investments can help the Republic of Korea transition to a carbon-neutral economy.
Lessons from efforts of the Republic of Korea to help financially vulnerable borrowers before the pandemic can help shape effective measures.
Policy makers must improve labor market conditions and reduce employment uncertainties as part of their economic stimulus plans.
Governments should provide policy and financial support to industries that shift to remote or noncontact transactions to cope with COVID-19.
The idea behind shared responsibility mortgage is to link the principal balance and interest payments to a house price index.
The Republic of Korea wants to help businesses to secure loans using movable assets, including goods, receivables, and intellectual property.
Managing household debt is becoming increasingly difficult for low-income households.