The Bank of Korea can take pride in having ensured that domestic economic activity did not become estranged from international trends, by implementing its monetary and credit policies in line with changes in international financial markets, and in having stood up for our national interests by active involvement in the global efforts for regulatory reform.
This is also a highly unlikely scenario because it would be counterproductive when thinking of a future return to the international markets and because, in any event, foreign bondholders would avail themselves of the collective action clauses that now protect them.