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Winning a revolution is very much like waking up with a bad hangover. All of the glorious intoxication is gone, and the feeling of superhuman power is replaced by the dull ache of responsibility. Many Asian lands-Burma, Indonesia, India, Pakistan, Korea, Ceylon-are by now some ten years into the grey morning-after of independence, and political leaders who had once been dashing conspirators and heroic guerrilla captains have become aging politicians, surrounded by corruption, inefficiency and rivalry. All but the most obtuse are ready to admit that throwing out the imperialists was the easiest part of their...

Author: /time Magazine | Title: BURMA: Cherchez la Femme | 5/12/1958 | See Source »

...program during the last 2½ years has been double the free world's. The U.S. grants aid only when it considers a project economically sound; Russia picks projects largely for propaganda value, makes sure that they are plain for all to see, e.g., a soccer stadium in Burma, a road-paving job in Kabul...

Author: /time Magazine | Title: RUSSIA'S TRADE WAR | 5/5/1958 | See Source »

With the world commodity market now glutted, the situation is made to order for the Soviets. Iceland made a trade deal with Russia to dispose of its surplus fish, Burma to dispose of its surplus rice. Such countries often accuse the U.S. of damaging their economies by sales of its surpluses on the world market; less well known is the fact that Russia often puts the commodities it takes in trade right back on the market, as it did with Egyptian cotton, Turkish tobacco, Syrian wheat...

Author: /time Magazine | Title: RUSSIA'S TRADE WAR | 5/5/1958 | See Source »

...Base. During the debate over the interest rate, Bill Fulbright took off onto a new and unusual line of advocacy. Arguing for his 3% interest, he ticked off foreign nations that have fared as well or better with U.S. loans: "Afghanistan pays 3% on its mutual-security-program loan. Burma paid 2⅜ on an overseas surplus property loan. Nationalist China under the mutual-security program has been paying 3%." Cried he: "It is beyond my understanding why grants to that extent and loans for economic development in the amount of more than $41 million can be extended...

Author: /time Magazine | Title: THE CONGRESS: Go-Slow Roadblocks | 4/28/1958 | See Source »

...offered a half-year course, Government 118, in the "Government and Politics of Southeast Asia." The course, to be given in the Fall by Rupert Emerson '22, professor of Government, and Anthony N. Wahl, instructor in Government, deals with the governmental institutions and problems of Indonesia, the Philippines, Thailand, Burma, Indo-china, and Malaya...

Author: NO WRITER ATTRIBUTED | Title: Studies of India, Russia Included In Four New Government Courses | 4/24/1958 | See Source »

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