1. Excessive risk taking Large firms in South Korea had taken excessive risks because they knew that...

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1. Excessive risk taking Large firms in South Korea had taken excessive risks because they knew that the government would be unwilling to let them go bankrupt.

Source: H. J. Chang, World Development, 2000

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Foundations Of Microeconomics

ISBN: 9780063076280

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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