PREVIEW

... rency—namely, dollars—coming from outside (the U.S.).

People often think the dollar is the world’s key currency, and that’s why problems arise when there’s a dollar shortage... but this isn’t a simple issue.

When Koreans think about the 1997 foreign exchange crisis—commonly referred to as the IMF crisis—what kind of images come to mind?

Collapsed companies, rising unemployment, and the national humiliation of having handed over economic sovereignty to external forces... < ...

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