Korean Dictionary
How to say “1997 Financial Crisis” in Korean
IMF 외환위기
IMF oehwan-wigi
AdvancedKorean History
Usage & Context
The 1997 Asian financial crisis severely impacted South Korea, requiring an IMF bailout. Koreans donated gold to help pay national debt in a remarkable display of solidarity. The crisis led to major economic restructuring and reforms.
Example Sentence
IMF 외환위기 때 많은 국민이 금을 모아 나라를 도왔어요.
During the IMF financial crisis, many citizens collected gold to help the country.
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