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Dates: during 1970-1979
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Usage:

...respite to demand the complete restoration of democracy, and has said that he would be willing to talk with North Korea's dictator Kim II Sung about reunification. Sums up one Washington specialist: "The oppressive machinery is still there, but it has been applied much less in recent years...

Author: /time Magazine | Title: SOUTH KOREA: Talks with a Troubled Ally | 7/9/1979 | See Source »

Despite Park's repressive measures, he is generally given credit for astutely managing South Korea's economic "miracle." When he came to power in 1961, the median annual income was less than $100. In 1979 it may reach about $1,500. A recent study by the World Bank concluded that South Korea has been by far the most effective country in the developing world in equably sharing its growing wealth between urban and rural areas. The annual growth rate since 1962 has averaged 9.3%, allowing South Korea to transform itself into a semi-industrialized state that may soon...

Author: /time Magazine | Title: SOUTH KOREA: Talks with a Troubled Ally | 7/9/1979 | See Source »

Ojjeh's rash of sales started rumors that he was in financial disfavor with the Saudi royal family. Their patronage is crucial to the Syrian-born Ojjeh, whose checkered career includes a Sorbonne degree in philosophy and two convictions on French smuggling raps. In recent years he has made millions as an arms procurer and builder of military bases in Saudi Arabia. Ojjeh's spokesman dismissed the reports as nonsense, and at week's end he was said to be negotiating a $293 million deal to buy aircraft from Dassault-Breguet, the French planemaker, presumably on behalf...

Author: /time Magazine | Title: Business: Gilt-Edged Auction in Monaco | 7/9/1979 | See Source »

...developed; its calculations take into account assessments of population growth, earnings trends and money-market performance. According to Vice President Rodney Woods, the difference between today's millionaires and those of the past goes beyond numbers. Says he: "Historically the greatest proportion of millionaires had inherited wealth. In recent years, that proportion has sharply diminished...

Author: /time Magazine | Title: Business: The Ranks of the Rich Get Richer | 7/9/1979 | See Source »

...different things in it." What gives the songs much of their spirit and a good deal of their body English is frequent adrenal shocks of anger. These dosages may be taken as a tonic at regular intervals, or they may be administered locally, as when Parker took in a recent concert by Ron Wood and the New Barbarians. He went for a lark but discovered the enemy: "A lot of guys with long hair singing about floating in the sunlight and 'Hey, baby, get down.' Ridiculous. Some people may call that rock...

Author: /time Magazine | Title: Music: Barnstorming For Fool's Gold | 7/9/1979 | See Source »

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