한국 근대 자본 시장의 사적 고찰

Abstract

The purpose of this paper is to analyze the historical perspective on the capital market of Korea during 1890~2005 by classifying the periods according to the progress of system and economic situation, and suggesting the special characters of the capital market of Korea with outline of the stage of capital market development.In the process of the introduction of the economic system for the compulsory occupation by Japanese government, Korean capital market started to make the modern form.From the early stage of national economic development after 1961 , Government has gotten down to intensively foster the securities market as the way to supply economic development fund. In the late of 1997, Korean finance structure which was internally fragile as the result of the high growth emphasizing only the economic growth was restructured by IMF, a crisis of foreign exchange and had the foundation to arrive the mature capital market.These analysis about Korean modern capital market suggests that this time is the chance to upgrade the Korean capital market in the global capital market.