We also have to tackle the potential threats to financial stability including the mounting number of Koreans on credit blacklists, swelling overdue loans in the household sector and the frail management status of certain financial institutions.
One of the characteristics of Korean society inherited from a history of adversity is that when people share the perception that the country faces a crisis, they unite as one in enduring whatever hardship it takes to overcome it. This was the wellspring from which Korea drew the strength to surmount the currency crisis.