Word: developing
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Dates: during 1960-1969
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...nationalist point of view, foreign investors exploit local resources while stuffing huge profits in faraway pockets. It was no surprise then, when Guillermo Herrera Carrizosa, head of the Colombian government's Development Corp., early this year complained about companies taking more out of the country than they put in. He said that foreign businessmen operating in Colombia bring "little more than technique and a name," charged that instead of increasing the needed inflow of dollars, they develop their profitable enterprises by borrowing from local financial institutions...
...intended more to bait the State Department than to obtain information, it is still fair to say that the Administration has failed so far to point out convincingly that the reasons for foreign assistance to one country or another are highly specific. Principally the economic aid program wants to develop technocratic and fairly apolitical classes to supplant, gradually and delicately, the frequently irresponsible politicians and stubborn elites that now control poor countries. At the same time it must use the existing governing classes to stabilize economies to make savings and investment possible...
Colgate, still trying to figure out why it let Brown win its first game since 1960, will stumble into Ithaca, and the probability is that the Red Raiders will develop another case of poison ivy--at least a touchdown's worth...
...switch was not the result of a change in philosophy. Rather it was the application of Yovicsin's basic tenet--at the offense to the personnel. Rather than trying to develop players for an offense, Yovicsin develops an offense to match the individual talents of his team...
President Kennedy had every right to be proud of the foreign trade bill. Said he: "The new legislation gives us the opportunity to develop closer and more harmonious trade relations with the Common Market and other nations throughout the world...