Dear Democracy Now! Visitor: We are an independent, ad-free daily news program that serves millions of viewers and listeners each month. Our show is special because we make it our priority to go where the silence is. We put a spotlight on corporate and government abuses of power and lift up the stories of ordinary people working to make change in extraordinary times. We do all of this with just a fraction of the budget and staff of a commercial news show. We do it without ads, corporate sponsorship or government funding. How is this possible? Only with your support. If every visitor to this site in December gave just $10 we could cover our basic operating costs for 2015. Pretty exciting, right? Please do your part today. It takes just a couple of minutes to make sure that Democracy Now! is there for you and everybody else in 2015.

Your Donation: $
Tuesday, November 25, 1997 FULL SHOW | HEADLINES | PREVIOUS: Cuba and US Policy
1997-11-25

APEC, Korea and the Asian Crisis

download:   Audio Get CD/DVD More Formats
DONATE →
This is viewer supported news

Pacific Rim leaders put the finishing touches on a 68 billion dollar rescue package for host of Southeast Asian countries who have been facing a series of currency and financial crises. In return, those countries must give a more powerful role to the International Monetary Fund, which will be demanding sharp austerity programs in return for the financial backing.

One of the countries hit hard by the currency and financial crisis is South Korea, which agreed to a $20 billion International Monetary bail-out last week.

Guest:

  • Marty Hart Landsberg, a professor of economics at Lewis and Clark University. He is the author of Rush to Development: Economic Change and Political Struggle in South Korea. His upcoming book is called the ??Imaginary Line: US Foreign Policy and Korean Unification.??
    ??.??
    ??.??
    ??.??
    ????

Recent Shows More

Full News Hour

Creative Commons License The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.