Word: backwardation
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...hunger," of "barely . . . food enough to keep life in the people," where "vast areas . . . are desert." Though 80% of its 44 million depend for a living on the soil, less than a twentieth of the land is cultivated, and only a tenth of its potential realized. It is backward and unstable, a menace to itself and the world's peace...
Mendès' view might be put in the French saying, Reculer pour mieux sauter-take a step backward so as to jump better. He argues that by trying to be strong everywhere, France is strong nowhere, that strength cannot be achieved anywhere with an overburdened or propped-up economy. Says a British friend: "He does not argue that France should stand alone, but that France should stand erect...
...jewels -and gone." In Yugoslavia, on official invitation from Marshal Tito's government, Harold C. McClellan, president of the U.S.'s National Association of Manufacturers, rubbed shoulders with the country's Communists for a fortnight, browsed through Titoland's economy, then headed home with a backward glance surprising for a capitalist. Said he: "These people believe they will eventually get all the bugs out of their system. I don't believe they will, but nobody's going to tell 'em ... They're going to find out the hard way . . . No use throwing...
...plane's ground response. After the first ground run, Tex gave his opinion: "A lovely ship." But Tex spoke too soon. Taxiing slowly after the fourth high-speed run, Johnson felt a shuddering lurch. Supports of the plane's left main landing gear buckled, ripped backward and up through the wing root. Boeing's bright hope sagged over on her left wing and lay there like a broken bird...
Just Like the South. To Banker Black, a man of vision without being a visionary, the job the World Bank must do in backward areas is not much different from the transformation he has seen in his native South. Says he: "The Civil War knocked us flat on our backs and left us there . . . Slowly and painfully, we picked ourselves up. We began to be able to save and invest ... A little capital begot more capital; a little expansion begot more expansion . . . The South's story tells how development works...