{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='SOUTH KOREA: APPF CALL FOR ACTION TO STABILISE ECONOMIC CRISIS' data-url='/boclips/videos/5c54c420d8eafeecae16667a' data-video-url='/boclips/videos/5c54c420d8eafeecae16667a' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nSOUTH KOREA: APPF CALL FOR ACTION TO STABILISE ECONOMIC CRISIS\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\u0026amp;search_tab_id=1\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eEnglish/NatAs tensions rise over the economic crisis gripping southeast Asia delegates to the Asia Pacific Parliamentary Forum in Seoul have called for urgent action to stabilise the situation.A delegation from the U-S called for Japan...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eEnglish/Nat\u003cbr/\u003eAs tensions rise over the economic crisis gripping southeast Asia delegates to the Asia Pacific Parliamentary Forum in Seoul have called for urgent action to stabilise the situation.\u003cbr/\u003eA delegation from the U-S called for Japan to open up its markets in order to help other troubled economies in the region. \u003cbr/\u003eThe Asian delegates were told not to rely solely on cheap exports to the U-S in order to get their economies back on track.\u003cbr/\u003eThe Asia Pacific Parliamentary Forum ended its sixth annual meeting in Seoul with a Press Conference on Saturday.\u003cbr/\u003eThe participants of the four-day meeting that began last Wednesday adopted a resolution calling for urgent measures to stabilise the capital and money markets in some of the member countries.\u003cbr/\u003eA-P-P-F chairman Nakasone Yasuhiro emphasised the global consequences of the financial crisis in the region.  \u003cbr/\u003eIf South Korea falls - along with Thailand and Indonesia -  it will have a great impact on Japan and the whole Asian region.  \u003cbr/\u003eAnd that in turn could seriously affect markets worldwide.\u003cbr/\u003eU-S Senator William Roth stressed the importance of structural reforms necessary to open Asia's markets.\u003cbr/\u003eThough these reforms would be painful in the shortrun, their success was essential for future prosperity. \u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"There is concern at home that too many countries will try to depend upon exports to the United States as a way of working out of their financial and economic problems.\"\u003cbr/\u003eSUPER CAPTION: William V. Roth, US Senate Finance Committee Chairman\u003cbr/\u003eHe also stressed the importance of the Asia Pacific region to the  United States saying that the U-S will continue to play a leading role in addressing the financial problems.  \u003cbr/\u003eJapan could play an important role in curing the ills of the region's economies.  \u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"It is my hope that the great country of Japan will take steps to open up its market.  I think it's critically important that Japan like the United States become a major engine of growth and I believe that in order for it to do so it does have to move forward in a very dramatic\u003cbr/\u003eway, to deregulation and a major tax cut so that consumption will increase in that country which in turn will help other countries in their effort to overcome their economic problems.\"\u003cbr/\u003eSUPER CAPTION: William V. Roth, US Senate Finance Committee Chairman\u003cbr/\u003eSenator Roth met with South Korean Finance Minister, Lim Chang-Yeul, after the A-P-P-F meeting.  \u003cbr/\u003eThey discussed ways for the South Korean economy to recover from the current economic crisis.  \u003cbr/\u003eSenator Roth was quite optimistic about South Korea's prospects, but again he stated that relying on exports is not the answer.\u003cbr/\u003eSeoul, South Korea - January 11, 1998\u003cbr/\u003e1. Wide shot of press conference\u003cbr/\u003e2. Pan along leaders of delegations\u003cbr/\u003e3. Press\u003cbr/\u003e4. Conference room\u003cbr/\u003e5. Cutaway of sign behind delegates\u003cbr/\u003e6. SOUNDBITE: (English) US Senate Finance Committee Chairman, William V. Roth     \u003cbr/\u003e7. Cutaway of press\u003cbr/\u003e8. SOUNDBITE: (English) US Senate Finance Committee Chairman, William V. Roth\u003cbr/\u003e9.  Roth meeting with South Korean Finance Minister, Lim Chang-Yeul\u003cbr/\u003e10. Wide shot of meeting room\u003cbr/\u003e11. Korean delegates\u003cbr/\u003e12. American delegates \u003cbr/\u003e13. Pull out from Roth to Lim Chang-Yeul\u003cbr/\u003e14. Meeting room\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid 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Ed\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSubjects\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?keywords=para+educators\u0026amp;search_tab_id=1\u0026amp;subject_ids%5B%5D=1216220\u0026amp;type_ids%5B%5D=4282\"\u003eAll Subjects\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eMedia Type\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?keywords=para+educators\u0026amp;search_tab_id=2\u0026amp;type_ids%5B%5D=4282\u0026amp;type_ids%5B%5D=4543650\"\u003eNews Clips\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSource:\u003c/dt\u003e\n\u003cdd\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eDate\u003c/dt\u003e\n\u003cdd\u003e1998\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003ci aria-hidden='true' class='fai fa-solid fa-language'\u003e\u003c/i\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eAudiences\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?audience_ids%5B%5D=371079\u0026amp;keywords=para+educators\u0026amp;search_tab_id=1\u0026amp;type_ids%5B%5D=4282\"\u003eFor Teacher Use\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\u003cdd class=\"text-muted\"\u003e\u003ci class=\"fa-solid fa-lock mr5\"\u003e\u003c/i\u003e2 more...\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='concepts-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='concepts-heading'\u003eConcepts\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list concepts' data-identifier='Boclips::VideoDecorator' data-type='concepts'\u003ejapan, countries, east asia, north america, south korea, business, economy, asia\u003c/div\u003e\n\u003cdiv class='concepts-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' class='less btn-link' style='display: none;' type='button'\u003e\n\u003cspan\u003eShow Less\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-up ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='additional-tags-heading' 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