ABSTRACT

In the process of Korea's industrialisation, economic dependence on the Japanese economy was the prerequisite for Korean economic development. Without the assistance of the Japanese economy, the policy of economic development through dependence by the Korean government would probably have failed. In order to continue to sustain economic development, the import of production goods as well as technology transfer from Japan were necessary for Korea's economic development. In other words, the essential materials needed for industrialisation were supplied by Japan. The Korean economic structure is based on the principle that the more Korea exports to world markets, the more Korea must import from Japan.