Report to the President Submitted September 1947 : Korea
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Tlie soil is depleted, and imports of food as well as fertilizer are required. The latter has normally come from North Korea, as have most of the electric power, timber, anthracite, and other basic products. ' i • The economic dependence of South Korea upon North Korea, and of Korea as a whole, in prewar years, upon trade with Japan and Manchuria, cannot be too strongly emphasized. Division of the coim- try at the 38° North parallel and prevention of all except smuggling trade between North and... South Korea have reduced the Korean econ- omy to its lowest level in many years. Prospects for developing sizable exports are slight. Food exports cannot be anticipated on any scale for several years, and then only with increased use of artificial fertilizer. South Korea's few manufacturing industries, which have been operating at possibly 20 percent of prewar production, are now reducing their output or closing down. In part this is a natural result 6 REPORT ON KOREA of ten years of deferred maintenance and war-time abuse, but lack of raw ma;terials and essential repair parts, and a gross deficiency of competent management and technical personnel are the principal factors.
What to read after Report to the President Submitted September 1947 : Korea?
You can find similar books in the "Read Also" column, or choose other free books by Wedemeyer, Albert C. (Albert Coady), 1896- to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Tlie soil is depleted, and imports of food as well as fertilizer are required. The latter has normally come from North Korea, as have most of the electric power, timber, anthracite, and other basic products. ' i • The economic dependence of South Korea upon North Korea, and of Korea as a whole, in prewar years, upon trade with Japan and Manchuria, cannot be too strongly emphasized. Division of the coim- try at the 38° North parallel and prevention of all except smuggling trade between North and... South Korea have reduced the Korean econ- omy to its lowest level in many years. Prospects for developing sizable exports are slight. Food exports cannot be anticipated on any scale for several years, and then only with increased use of artificial fertilizer. South Korea's few manufacturing industries, which have been operating at possibly 20 percent of prewar production, are now reducing their output or closing down. In part this is a natural result 6 REPORT ON KOREA of ten years of deferred maintenance and war-time abuse, but lack of raw ma;terials and essential repair parts, and a gross deficiency of competent management and technical personnel are the principal factors.
What to read after Report to the President Submitted September 1947 : Korea?
You can find similar books in the "Read Also" column, or choose other free books by Wedemeyer, Albert C. (Albert Coady), 1896- to read onlineMoreLess
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