take are look with scrutiny by people that the crisis directly or indirectly affects. The IMF has supplied South Korea with $57 billion dollars to help rebuild Korea’s economy. The status between Korea and the IMF is change constantly everyday, In February Korea asked the IMF to lower the interest rates to rollover some massive debt they had.
             IMF is labeled all over the cities of Korea, department stores advertising $5,000 jackets for $1,0000 because of the “cold wave of the IMF.” This type of sales pitch is given in most every shopping place possible. It is even done commercially on television, to promote sales. Television dramas and sitcoms would have a story line incorporating the economic crisis. Korea will not let this situation go unnoticed to its citizens. Like any other country they are trying their hardest to get themselves out of this terrible situation.
             The International Monetary Board reconfirmed its optimistic outlook for the Korean economy. “Helped by the strong economic fundamentals, including brisk foreign shipments, the Korean economy is estimated to grow by 6.5 percent next year, with t
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