Word: holland
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Dates: during 1970-1979
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...James Holland...
...TIMES Arms Bazaar may seem to be a conspiracy book. Business and political figures from Herbert Kalmbach to Prince Bernhard of Holland are involved in one way or another. But Sampson is not paranoid, merely thorough. The arms trade, with its manufacturers so dependent on large-sale, precarious government contracts, is one of the most lucrative and integral to the western world...
...emergency meeting of 14 nations convened in Paris last week by the IMF, Witteveen, a thin, elegant figure who lives in Washington with his wife, spoke serenely to TIME about his economic philosophy and his religious convictions. Although he calls himself a liberal (he is a member of Holland's People's Party for Freedom and Democracy), and acknowledges an intellectual debt to Keynes, he nonetheless is a believer in the "market mechanism and the price mechanism...
...this atmosphere, the U.S. beckons as a safe haven, both for foreign companies and wealthy individuals. Today, says Rob Hazelhoff, a director of Holland's Algemene Bank Nederland, "most entrepreneurs regard the U.S. as the last bulwark of capitalism. They feel that America can hold out, and this is the main psychological factor behind the rising investment." Profit margins of U.S. corporations are now almost twice those of European firms, partly because productivity is higher. The U.S. has become something of a cheap-labor market in comparison with its European trading partners. Until the early 1970s, European labor...
...within a year Michelin will open a $100 million truck tire factory near the Milliken research center. All told, companies from eight countries have plants in the area, employing 4,500 local citizens. Richard Tukey, head of the local Chamber of Commerce, has just returned from a trip to Holland, Italy, Belgium and Germany, where he sweet-talked manufacturers of chemicals, plastics and ceramics, and told everyone he was from "Souse" Carolina...