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Strategies & Market Trends : Thai Funds
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To: peter michaelson who wrote (93)3/3/1998 8:06:00 PM
From: Polartee  Read Replies (1) of 107
 
Where did you hear that the Korean government is committed to allowing 100% foreign ownership of equity by end of 1998? That would be going beyond IMF requirements. The IMF program only requires them to move to 55%. It was 26% until it was raised to 50% at the end of last year, ref. the IMF stand-by arrangement:

imf.org

Also, for an excellent web site on the Asian collapse try this link. It has lots of economics content and country specific material and links:

stern.nyu.edu
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