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5
The Korean economy by 1969 ...............................
177
Special problems in Korean economic development
in the 1960's.........................................................
179
Korean-American economic relations in the 1970 s
181
Introduction ...........................................................
181
The Third and Fourth Five-Year Plans
............
182
Rural and urban programs .................................
184
General economic slowdown: 1972
.................
185
The balance of payments problems
............
185
Request for U.S, assistance
.........................
187
U.S. reaction to the Korean request
............
187
Further ROK response: The August emergency
measures ......................................................
189
1971 textile agreement .......................................
190
The oil crisis: 1974-75
........................................
195
U.S. evaluation and recommendation .........
196
Korean requests for additional U.S. assistance
197
Korean-American trade
......................................
199
U.S. efforts to liberalize Korea's import policy
200
U.S. restrictions on Korean exports .............
201
Generalized system of preferences .............
202
Military assistance in the 1970 s ............................
202
Conclusion
................................................................
204
Special issues relating to economic relations ......
206
Food-for-peace program .........................................
206
Public Law 480 and the Defense Department
208
Public Law 480 and the White House ..............
208
Public Law 480 and the Korean Government .
209
Others interested in Public Law 480
................
209
Conclusions and recommendations
.................
213
Military procurement problems in Korea
..............
214
U,S. procurement system
..................................
215
Korean measures to control procurement .......
216
The U.S. response
..............................................
218
U.S. procurement systems changes
................
220
Positive results .....................................................
221
Conclusions ..........................................................
222
Problems of political funding and U.S.
trade and investment in Korea ........................
224
Historical background
........................................
225
The Investigation.....................................................................238
The KI questionnaires.......................................
238
Political payments........................................................... 239
Kickback and rebating arrangements
with Korean purchasers .....
..........
247
Questionable payments..............................................
249
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