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relationship bankingsouth koreafinancial crisisrepublic koreakorean economyvalue relationshipbanking financialfinancial crisescrises evidenceevidence republicsystemic financialsmall mediummedium sizeliquidity constraintsbank lendingglobal financialeconomy valuecase koreaexchange ratescredit bureaulending bankspre crisiscrisis relationshipbanking survivingsurviving banksbanks positivepositive valuevalue systemicviable smallsize businesseskorea relationshipbanking reducedreduced liquidityconstraints diminisheddiminished probabilityprobability unwarrantedunwarranted bankruptcybanking supervisionmonetary policyexchange rate policypolicy mixcrisis challengeschallenges koreankorea globalcrisis koreankorea valuekorea currencycurrency crisescrises asianasian countriescountries globalizedglobalized financialfinancial marketmarket koreaneconomy yearsyears liberationliberation cointegrationcointegration testingtesting multimulti countrycountry purchasingpurchasing powerpower parityparity casekorea fluctuationfluctuation foreignforeign exchangerates competitivenesscompetitiveness priceprice exchangerates monetarymonetary policiesmacroeconomic stabilitystability casekorea tradetrade policiespolicies korearecommendations futuredid access
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