>From: Doug Henwood <[EMAIL PROTECTED]>
>Reply-To: [EMAIL PROTECTED]
>To: [EMAIL PROTECTED]
>Subject: [PEN-L:30986] Re: U.S. port closures batter Korea's economy
>Date: Mon, 7 Oct 2002 12:50:45 -0400
>
>Sabri Oncu wrote:
>
>>It appears that Korea is not doing well in these days. I remember
>>that my first exchange on PEN-L was with Brad DeLong. I just
>>casually wrote, without giving any reasons, at the time that
>>Korea was at risk and he said, without giving any reasons other
>>than quoting the Economist, that the IMF bailout of Korea worked
>>fine. I wonder if he can say the same now.
>
>Joseph Stiglitz says Korea's doing well because it ignored the IMF's 
>advice. Does anyone really know what's going on there?
>
>Doug

The following papers by left-Keynesian James Crotty et. al. may help:
http://www.umass.edu/peri/pdfs/PS5.pdf
http://www.umass.edu/peri/pdfs/WP23.pdf
http://www.umass.edu/peri/pdfs/PS9.pdf
From:
http://www.umass.edu/peri/research.html#gm
-Frank G.

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