Helping South Korea From: The Washington Post | Date: December 3, 1997 | Copyright 1997 The Washington Post. This material is published under license from the Washington Post.  All inquiries regarding rights should be directed to the Washington Post.Copyright information

THE UNITED States is right to back a financial rescue plan for South Korea but also right to insist on tough conditions -- what President Clinton termed a "strong agreement" with the International Monetary Fund. Helping the Koreans is in the interest of the U.S. economy, which would be seriously affected if South Korea's downward spiral weren't checked. But such assistance only makes sense if South Korea implements the tough economic reforms it needs to help itself.

A rescue will involve billions of U.S. dollars, both directly and indirectly through U.S. contributions to the IMF and, ...

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