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...impassioned young men who led Burma's struggle for independence in the 1930s, "capitalism" was an ugly word, almost as bad as "colonialism," with which it was inextricably associated. In 1950, after the erstwhile rebels had become the rulers of an independent Burma, Premier U Nu bluntly defined their goal: "the constitution of a socialist state...

Author: /time Magazine | Title: BURMA: Economics Lesson | 6/24/1957 | See Source »

With the same enthusiasm that they had once devoted to demonstrating against the British, Burma's new bosses set about achieving U Nu's dream. They adopted a $1.6 billion economic development scheme, drew up ambitious plans for a steel mill, textile industry, housing developments and hundreds of other state-operated projects. But somehow, through inexperience and the complicated task of coping simultaneously with half a dozen rebellions, they failed to achieve most of their targets. Early this year, after almost a decade of independence, Burma's gross national product was still less than 90% of what...

Author: /time Magazine | Title: BURMA: Economics Lesson | 6/24/1957 | See Source »

...disguise." In Rangoon Kishi impressed his Burmese hosts with Japan's desire to supply technical know-how to other Asian nations. Somewhere along the way he came down with a case of dysentery. (It may be pure coincidence, but the head of the presidential household in Burma was sacked after Kishi was served a fish course that had been too long out of the water...

Author: /time Magazine | Title: JAPAN: Man to Watch | 6/17/1957 | See Source »

PERSONAL &ORIENTAL, By Austin Coates (260 pp.; Harper; $4), takes the reader to the Far East-Japan, Hong Kong, Burma, the Philippines, India. Author Coates, a son of the British composer-conductor Eric Coates and a colonial official in the Far East, travels by emotional radar. He waits for snatches of dialogue, mystic moods, glimpsed scenes, to flash like pips across his screen of consciousness and tell him how a people feels or where it is going. Such pips often come at the oddest moments. A smartly dressed, tart-tongued Chinese career woman from Hong Kong brought Coates a pair...

Author: /time Magazine | Title: Books: Wide, Wide World | 6/17/1957 | See Source »

...Near East and Asia. In India alone it has spent $19 million on a vast network of community projects, conferences, training centers and publications-ranging from a model community center in Delhi in memory of Gandhi to helping spread the vidyapeeths (rural universities) in Mysore and other states. In Burma the foundation's work is so highly regarded that when Rowan Gaither visited the country, Statesman U Nu took the unusual step of declaring him a guest of the state. Commented one Indonesian official: "The foundation does not interfere in our domestic politics. It's helping us strictly...

Author: /time Magazine | Title: Education: Philanthropoid No. 1 | 6/10/1957 | See Source »

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