The United States and the Republic of Korea: Partners in Transition : Lecture at the Ilhae Institute, October 28, 1986 |
From inside the book
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Page 4
... Structural change has been taking place in both economies at a dizzying and potentially disruptive pace . But in the U.S. that change is occurring in the context of sluggish growth and persistent unemployment ; whereas in Korea , it is ...
... Structural change has been taking place in both economies at a dizzying and potentially disruptive pace . But in the U.S. that change is occurring in the context of sluggish growth and persistent unemployment ; whereas in Korea , it is ...
Page 6
... structural and trade issues affecting the Korean economy . I feel on considerably firmer ground turning to a few observations about U.S. responsibilities as a senior partner in the world trading system . While we are no longer the ...
... structural and trade issues affecting the Korean economy . I feel on considerably firmer ground turning to a few observations about U.S. responsibilities as a senior partner in the world trading system . While we are no longer the ...
Page 8
... structural shifts in demand . Correspondingly , no single policy action provides an effective remedy . But it is clear that further exchange rate adjustments and faster growth in foreign domestic demand are indispensable components of a ...
... structural shifts in demand . Correspondingly , no single policy action provides an effective remedy . But it is clear that further exchange rate adjustments and faster growth in foreign domestic demand are indispensable components of a ...
Common terms and phrases
achieve adjustment Administration advantage agreements American assistance balance Bank become believe benefits billion Brookings Institution Bruce MacLaury budget deficits capital cause changes competition consider continue costs Developing Countries differences dollar domestic demand domestic market ease economic effective Equal example exports financial institutions firms foreign foreign markets freedom frictions given goals grounds growth hand Henry Kissinger huge Ilhae Institute important industries interest invited issues Japan Kihwan Korea Lecture less liberalization longer market forces national security Northeast Asia obvious pace policy action political Presentation President pressures producers Prospects prosperity protection protectionism protectionist question reason recent recognize reduce reflect Relations relationship reliance remain restructuring Robert sectors Seminar Series served single Sometimes Stability standards Strategic structural Studies success thought trade deficit Transition turn U.S. trade unemployment United workers