Word: foreign-aid
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...dissent through repression and propaganda is one thing; finding the road toward political and economic recovery quite another. In Beijing, much of the public transportation system has been destroyed or damaged. Losses to the national economy are estimated in the hundreds of millions of dollars. Japan, China's largest foreign-aid donor, has announced a halt in negotiations for a $120 million loan for an oil project. The U.S. and Britain have suspended all public and private arms sales to China for the foreseeable future: the P.L.A. alone needs to replace more than 300 vehicles smashed or burned...
...aid to East Asia has dropped to one-third of what it was in 1975, when George Bush left his post as head of the U.S. liaison office in Beijing. Japan, meanwhile, has increased its overall foreign-aid program tenfold, and is now the No. 1 net donor. One-third of the U.S.'s total foreign trade is with East Asia, yet nearly two-thirds of its staggering $137.3 billion trade deficit originates there. That imbalance is nearly 20 times as severe today...
...been weakened by the adoption of a 3% consumption tax that he championed and a stock scandal that forced the resignation of three Cabinet members, he has been successful in expanding Japan's role as a global philanthropist. Among the signs: a planned 7.8% increase in Japan's foreign-aid budget. The growth will lift Japanese overseas assistance to $9.6 billion for fiscal 1989, and should propel Japan past the U.S. as the world's top donor...
...back lost ground. In recent weeks government troops have retaken the major towns of Tigre, but the battle-hardened Eritreans have fought them to a stalemate. Both sides have used the region's chronic hunger as a weapon, with the rebels attacking a relief convoy and Mengistu ordering most foreign-aid workers out of Eritrea and Tigre. Some food is still reaching the estimated 2 million to 3 million victims of northern Ethiopia's latest famine, but no one knows how many have died, casualties as much of politics as of malnutrition. Photographer Anthony Suau traveled through Afabet...
Japanese Prime Minister Noboru Takeshita used last week's economic summit in Toronto to showcase Japan's growing involvement in global affairs. Takeshita unveiled a $50 billion foreign-aid package before the meeting that would make Tokyo the world's largest donor. Japan also announced a debt-relief program for Third World countries and agreed to phase out import quotas on oranges and beef...